On February 1, 2019, gold and foreign exchange reserves of the Republic of Belarus totaled USD7.0 billion
As of February 1, 2019, the volume of international reserve assets of the Republic of Belarus according to the preliminary data accounted for USD7,017.7 million in the equivalent.
In January 2019, gold and foreign exchange reserves decreased by USD139.9 million (by 2%)
The reduction in the level of international reserve assets in January 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 USD650 million.
The receipt of funds in foreign exchange to the budget, including export duties on oil and oil products, the increased cost of monetary gold, as well proceeds from the sale of bonds denominated in foreign exchange by the National Bank, were conductive to the maintenance of the level of gold and foreign exchange reserves in January.
According to Monetary Policy Guidelines for 2019, the volume of international reserve assets as of January 1, 2020 should be at least USD7.1 billion.