06/07/2018  
Press release

On July 1, gold and foreign exchange reserves of the Republic of Belarus amounted to USD 6.83 billion


As of July 1, 2018, the volume of international reserve assets of the Republic of Belarus, according to the preliminary data, accounted for USD 6 831.4 million in the equivalent.

In June 2018, gold and foreign exchange reserves decreased by USD 108.2million (by 1.6%) after a decrease in May 2018 by USD 98.5million (by 1.4%).

The decrease in the level of international reserve assets in June was due to the scheduled repayment by the National Bank and Government of the Republic of Belarus of foreign and domestic obligations in foreign exchange for the total amount of USD 424 million, as well as due to the decrease in the price for monetary gold.

Purchase by the National Bank of foreign exchange at the JSC "Belarusian Currency and Stock Exchange", 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, were conducive to the maintenance of the level of international reserves in June.

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 USD6 billion.