07/06/2018  
Press Release

On June 1, gold and foreign exchange reserves of the Republic of Belarus exceeded USD 6.94 billion


As of June 1, 2018, the volume of international reserve assets of the Republic of Belarus, according to the preliminary data, accounted for USD 6 939.6 million in the equivalent.

In May 2018, gold and foreign exchange reserves decreased by USD 98.5million (by 1.4%) after an increase in April 2018 by USD 43.5million (by 0.6%).

The decrease in the level of international reserve assets in May was due to the scheduled repayment by Government and the National Bank of the Republic of Belarus of foreign and domestic obligations in foreign exchange for the total amount of USD 331 million.

The foreign exchange receipts to the budget, including revenues from export duties on oil and oil products, receipt of funds from sales of bonds denominated in foreign exchange by the National Bank and the Ministry of Finance in the domestic market, purchase by the National Bank of foreign exchange at the JSC "Belarusian Currency and Stock Exchange" were conducive to the maintenance of the level of international reserves in May.

According to the Monetary Policy Guidelines for 2018, the volume of gold and foreign exchange reserves as of January 1, 2019, taking into account the repayment of foreign exchange internal and external obligations by the Government and the National Bank of the Republic of Belarus, should be at least USD 6 billion.