06/09/2019  
Press release

On September 1, 2019, gold and foreign exchange reserves of the Republic of Belarus totaled USD8.9 billion


As of September 1, 2019, the volume of international reserve assets of the Republic of Belarus according to the preliminary data accounted for USD8,891.0 million in the equivalent.

In August 2019, gold and foreign exchange reserves increased by USD263.1 million (by 3.0%) after a growth in July 2019 by USD337.2 million (by 4.1%).

In August 2019, the Government and the National Bank of the Republic of Belarus fulfilled external and internal foreign exchange obligations worth about USD550 million.

The purchase of foreign exchange by the National Bank at the JSC "Belarusian Currency and Stock Exchange", proceeds from the sale of bonds denominated in foreign exchange by the Ministry of Finance and the National Bank, the increased cost of monetary gold, as well as the receipt of funds in foreign exchange to the budget, including export duties on oil and oil products, were conductive to the growth of the level of gold and foreign exchange reserves in August.

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.