Belarusians’ FX sales exceed FX purchases by $7.8m in Jan 2021
<p> MINSK, Feb 5 - PrimePress. FX sales by Belarus’ private households exceeded their FX purchases from banks by $7.8 million in Jan 2021: individuals purchased from Belarusian banks $440.6 million and sold to banks $448.4 million, the National Bank of Belarus (NBB) said in an official statistical report. </p> <p> </p> <p> January’s net cashless FX purchases by individuals totalled $162 million: gross cashless FX purchases – $362.2 million, sales – $164.2 million. </p> <p> </p> <p> In Jan 2021, net FX purchases by individuals (both cash and cashless) stood at $154.3 million, gross purchases – $766.8m, gross sales – $612.6m. </p> <p> </p> <p> In Jan 2021, FX purchases by resident companies totalled $1.878bn, FX sales – $1.927bn, margin – $48.9m. </p> <p> </p> <p> With non-resident companies, the Jan 2021 figures stood at $12.1 million (purchases), $81 million (sales) and $68.9 million (margin), respectively. </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 Jan 2021 at their own expense (without conversion operations) $3.441 billion, sold – $3.427 billion, margin – $14.3 million. </p> <p> </p> <p> Their FX purchases on the Belarusian Currency and Stock Exchange OJSC (BCSE) in Jan 2021 totalled $716.9 million, sales – $703.7 million, margin – $13.2 million. Purchases on the OTC market stood at $2.276 billion, sales – $2.283 billion, margin – minus $6.6 million. Purchases on the cash currency market totalled $448.4 million, sales – $440.6 million, margin – plus $7.8 million. </p> <p> </p> <p> As previously 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 official weighted average rate of the Belarusian ruble against the US dollar stood at Br2.5753/$1 in Jan 2021. End </p>
2021-02-06
Primepress
Belarusians’ FX sales exceed FX purchases by $7.8m in Jan 2021
MINSK, Feb 5 - PrimePress. FX sales by Belarus’ private households exceeded their FX purchases from banks by $7.8 million in Jan 2021: individuals purchased from Belarusian banks $440.6 million and sold to banks $448.4 million, the National Bank of Belarus (NBB) said in an official statistical report.
January’s net cashless FX purchases by individuals totalled $162 million: gross cashless FX purchases – $362.2 million, sales – $164.2 million.
In Jan 2021, net FX purchases by individuals (both cash and cashless) stood at $154.3 million, gross purchases – $766.8m, gross sales – $612.6m.
In Jan 2021, FX purchases by resident companies totalled $1.878bn, FX sales – $1.927bn, margin – $48.9m.
With non-resident companies, the Jan 2021 figures stood at $12.1 million (purchases), $81 million (sales) and $68.9 million (margin), respectively.
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 Jan 2021 at their own expense (without conversion operations) $3.441 billion, sold – $3.427 billion, margin – $14.3 million.
Their FX purchases on the Belarusian Currency and Stock Exchange OJSC (BCSE) in Jan 2021 totalled $716.9 million, sales – $703.7 million, margin – $13.2 million. Purchases on the OTC market stood at $2.276 billion, sales – $2.283 billion, margin – minus $6.6 million. Purchases on the cash currency market totalled $448.4 million, sales – $440.6 million, margin – plus $7.8 million.
As previously 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 official weighted average rate of the Belarusian ruble against the US dollar stood at Br2.5753/$1 in Jan 2021. End