Belarusians’ FX sales exceed FX purchases by $40.9m in Nov 2020
<p> MINSK, Nov 7 - PrimePress. FX purchases by Belarus’ private households exceeded their FX sales to banks by $40.9 million in November 2020: individuals purchased from Belarusian banks $485.6 million and sold to banks $526.5 million, the National Bank of Belarus (NBB) said in an official statistical report. </p> <p> </p> <p> In Jan-Nov 2020, individuals purchased from banks $5.819 billion worth of cash foreign exchange and sold to banks $5.701 billion. In Jan-Nov 2020, FX sales by Belarus’ private households exceeded their FX purchases from banks by $118 million. </p> <p> </p> <p> September’s net cashless FX purchases by individuals totaled $140 million: gross cashless FX purchases – $315.8 million, sales – $175.8 million. </p> <p> </p> <p> In Jan-Nov 2020, cashless FX purchases by individuals stood at $3.386bn, sales – $1.766bn, margin – $1.62bn. </p> <p> </p> <p> In Nov 2020, net FX purchases by individuals (both cash and cashless) stood at $98.9 million, gross purchases – $801.2 million, gross sales – $702.3m. </p> <p> </p> <p> In Jan-Nov 2020, FX purchases (both cash and cashless) by individuals totaled $9.205bn, FX sales – $7.466bn, margin - $1.739bn. </p> <p> </p> <p> In Nov 2020, Belarus’ resident companies purchased $1.656 billion and sold $1.827 billion. Hence, in the corporate sector, FX purchases exceeded FX sales by $171 million. </p> <p> </p> <p> In Jan-Nov 2020, FX purchases by resident companies totaled $20.901bn, FX sales – $19.955bn, margin – $946m. </p> <p> </p> <p> With non-resident companies, the Nov 2020 figures stand at $14.2 million (purchases), $76.9 million (sales) and $62.7 million (margin), respectively. </p> <p> </p> <p> In Jan-Nov 2020, purchases by non-resident companies totaled $242.1m, FX sales – $788.3m, margin – $546.2m. </p> <p> </p> <p> The National Bank does not post statistical reports on currency exchange transactions conducted by non-resident companies in accordance with the EEU Treaty of May 29, 2014. Hence, the official data on non-residents’ FX transactions on the domestic market are incomplete. </p> <p> </p> <p> Resident banks, the Development Bank of the Republic of Belarus JSC and non-bank credit and financial organizations bought in Nov 2020 at their own expense (without conversion operations) $3.234 billion, sold – $3.248 billion, margin – minus $14 million. </p> <p> </p> <p> Their FX purchases on the Belarusian Currency and Stock Exchange OJSC (BCSE) in Nov 2020 totaled $579.1 million, sales – $722.6 million, margin – minus $143.5 million. Purchases on the OTC market stood at $2.129 billion, sales – $2.04 billion, margin – $89 million. Purchases on the cash currency market totaled $526.5 million, sales – $485.6 million, margin – $40.9 million. </p> <p> </p> <p> In Jan-Nov 2020, resident banks, the Development Bank of the Republic of Belarus JSC and non-bank credit and financial organizations bought $38.219 billion, sold $38.9 billion, the margin being minus $681 million. </p> <p> </p> <p> They bought $8.92 billion on the BCSE in Jan-Nov 2020 and sold $7.256 billion (+$1.664bn); bought $23.599 billion on the OTC market and sold $25.826 billion (-$2.227bn); bought $5.7 billion on the cash currency market and sold $5.819 billion (-$119m). </p> <p> </p> <p> As reported, since January 2020, the National Bank began to publish data on spot transactions of resident banks, the Development Bank and the NCFD at its own expense (without conversion operations) on the purchase and sale of foreign currency in the domestic market. This gives a more accurate picture of what is happening in the foreign exchange market. </p> <p> </p> <p> The weighted average exchange rate of the Belarusian ruble against the US dollar stood at Br2.4504/$1 in Jan-Nov 2020; at Br2.5792/$1 in Nov 2020. End </p>
2020-12-08
Primepress
MINSK, Nov 7 - PrimePress. FX purchases by Belarus’ private households exceeded their FX sales to banks by $40.9 million in November 2020: individuals purchased from Belarusian banks $485.6 million and sold to banks $526.5 million, the National Bank of Belarus (NBB) said in an official statistical report.
In Jan-Nov 2020, individuals purchased from banks $5.819 billion worth of cash foreign exchange and sold to banks $5.701 billion. In Jan-Nov 2020, FX sales by Belarus’ private households exceeded their FX purchases from banks by $118 million.
September’s net cashless FX purchases by individuals totaled $140 million: gross cashless FX purchases – $315.8 million, sales – $175.8 million.
In Jan-Nov 2020, cashless FX purchases by individuals stood at $3.386bn, sales – $1.766bn, margin – $1.62bn.
In Nov 2020, net FX purchases by individuals (both cash and cashless) stood at $98.9 million, gross purchases – $801.2 million, gross sales – $702.3m.
In Jan-Nov 2020, FX purchases (both cash and cashless) by individuals totaled $9.205bn, FX sales – $7.466bn, margin - $1.739bn.
In Nov 2020, Belarus’ resident companies purchased $1.656 billion and sold $1.827 billion. Hence, in the corporate sector, FX purchases exceeded FX sales by $171 million.
In Jan-Nov 2020, FX purchases by resident companies totaled $20.901bn, FX sales – $19.955bn, margin – $946m.
With non-resident companies, the Nov 2020 figures stand at $14.2 million (purchases), $76.9 million (sales) and $62.7 million (margin), respectively.
In Jan-Nov 2020, purchases by non-resident companies totaled $242.1m, FX sales – $788.3m, margin – $546.2m.
The National Bank does not post statistical reports on currency exchange transactions conducted by non-resident companies in accordance with the EEU Treaty of May 29, 2014. Hence, the official data on non-residents’ FX transactions on the domestic market are incomplete.
Resident banks, the Development Bank of the Republic of Belarus JSC and non-bank credit and financial organizations bought in Nov 2020 at their own expense (without conversion operations) $3.234 billion, sold – $3.248 billion, margin – minus $14 million.
Their FX purchases on the Belarusian Currency and Stock Exchange OJSC (BCSE) in Nov 2020 totaled $579.1 million, sales – $722.6 million, margin – minus $143.5 million. Purchases on the OTC market stood at $2.129 billion, sales – $2.04 billion, margin – $89 million. Purchases on the cash currency market totaled $526.5 million, sales – $485.6 million, margin – $40.9 million.
In Jan-Nov 2020, resident banks, the Development Bank of the Republic of Belarus JSC and non-bank credit and financial organizations bought $38.219 billion, sold $38.9 billion, the margin being minus $681 million.
They bought $8.92 billion on the BCSE in Jan-Nov 2020 and sold $7.256 billion (+$1.664bn); bought $23.599 billion on the OTC market and sold $25.826 billion (-$2.227bn); bought $5.7 billion on the cash currency market and sold $5.819 billion (-$119m).
As reported, since January 2020, the National Bank began to publish data on spot transactions of resident banks, the Development Bank and the NCFD at its own expense (without conversion operations) on the purchase and sale of foreign currency in the domestic market. This gives a more accurate picture of what is happening in the foreign exchange market.
The weighted average exchange rate of the Belarusian ruble against the US dollar stood at Br2.4504/$1 in Jan-Nov 2020; at Br2.5792/$1 in Nov 2020. End