Belarus’ gold, FX reserves down 1.5% in Nov 2020 to $7.376bn
<p> MINSK, Dec 7 - PrimePress. Belarus’ gold and foreign exchange reserves calculated in accordance with methods of the International Monetary Fund totaled $7.376 billion as of December 1, 2020, down 1.5% in November 2020, says the Information and PR Department of the National Bank of the Republic of Belarus. </p> <p> </p> <p> The reserves were replenished in Nov 2020 through the purchase of foreign exchange on the Belarusian Currency and Stock Exchange by the National Bank and FX receipts to the national budget. </p> <p> </p> <p> Reserve assets in the form of monetary gold decreased in Nov 2020 by 4.9% to $2.836 billion; in the form of special drawing rights - increased by 0.8% to $530.4 million; in foreign exchange - increased by 1.1% to $2.976 billion. Other reserve assets increased by 0.03% in Sep 2020 to $1.035 billion. </p> <p> </p> <p> The international reserve assets of Belarus calculated according to the IMF methodology decreased in Jan-Nov 2020 by 21.47%. </p> <p> </p> <p> Reserve assets in the form of monetary gold increased in Jan-Nov 2020 by 18.8%; in the form of special drawing rights – up 3.2%; in foreign exchange – down 46.4%. Other reserve assets increased Jan-Nov 2020 by 10.6%. </p> <p> </p> <p> In accordance with the 2020 guidelines for Belarus’ monetary management policy, Belarus’ gold and foreign exchange reserves are supposed to reach at least $7.3 billion as of Jan 1, 2021, taking into account the repayment of the domestic and foreign debts in FX by the government and the National Bank. </p> <p> </p> <p> Belarus’ international reserves calculated in accordance with methods of the International Monetary Fund stood at U.S. $9.394bn as of Jan 1, 2020; $7.158 billion as of Jan 1, 2019; at $7.315bn as of Jan 1, 2018; $4.927bn as of Jan 1, 2017; $4.176bn as of Jan 1, 2016; $5.059bn as of Jan 1, 2015; $6.651bn as of Jan 1, 2014; $8.095bn as of Jan 1, 2013. End </p>
2020-12-08
Primepress
MINSK, Dec 7 - PrimePress. Belarus’ gold and foreign exchange reserves calculated in accordance with methods of the International Monetary Fund totaled $7.376 billion as of December 1, 2020, down 1.5% in November 2020, says the Information and PR Department of the National Bank of the Republic of Belarus.
The reserves were replenished in Nov 2020 through the purchase of foreign exchange on the Belarusian Currency and Stock Exchange by the National Bank and FX receipts to the national budget.
Reserve assets in the form of monetary gold decreased in Nov 2020 by 4.9% to $2.836 billion; in the form of special drawing rights - increased by 0.8% to $530.4 million; in foreign exchange - increased by 1.1% to $2.976 billion. Other reserve assets increased by 0.03% in Sep 2020 to $1.035 billion.
The international reserve assets of Belarus calculated according to the IMF methodology decreased in Jan-Nov 2020 by 21.47%.
Reserve assets in the form of monetary gold increased in Jan-Nov 2020 by 18.8%; in the form of special drawing rights – up 3.2%; in foreign exchange – down 46.4%. Other reserve assets increased Jan-Nov 2020 by 10.6%.
In accordance with the 2020 guidelines for Belarus’ monetary management policy, Belarus’ gold and foreign exchange reserves are supposed to reach at least $7.3 billion as of Jan 1, 2021, taking into account the repayment of the domestic and foreign debts in FX by the government and the National Bank.
Belarus’ international reserves calculated in accordance with methods of the International Monetary Fund stood at U.S. $9.394bn as of Jan 1, 2020; $7.158 billion as of Jan 1, 2019; at $7.315bn as of Jan 1, 2018; $4.927bn as of Jan 1, 2017; $4.176bn as of Jan 1, 2016; $5.059bn as of Jan 1, 2015; $6.651bn as of Jan 1, 2014; $8.095bn as of Jan 1, 2013. End