According to preliminary data, Belarus’s international reserve assets as of April 1 amounted to $ 7 billion 245.6 million (equivalent), BelTA learned from the National Bank’s Information and Public Relations Department.
In March, gold and foreign exchange reserves increased by $ 150.5 million (2.1%) after rising in February 2019 by $ 77.5 million (1.1%).
In March, the government and the National Bank executed foreign and domestic obligations in foreign currency in the amount of approximately $ 316 million.
The increase in the level of gold reserves in March was facilitated by the flow of funds from the sale by the National Bank and the government of bonds denominated in foreign currency, the purchase of foreign currency by the National Bank at the auction of the Belarusian Currency and Stock Exchange OJSC, the receipt of foreign currency in the budget, including from levying export duties on oil and petroleum products.
According to the main directions of monetary policy for 2019, the volume of international reserve assets on January 1, 2020 should be at least $ 7.1 billion.
