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Belarussian Gold, Forex Reserves Grew

Belarussian gold and foreign exchange reserves according to the national definition grew

Belarussian Gold, Forex Reserves Grew

Belarussian gold and foreign exchange reserves according to the national definition grew 45.5% to $1.523 billion in January-September, the National Bank of Belarus said, CBonds.info reported.

The reserves grew 5.6% in September after falling 4.7% in August.

Reserves in the national currency rose 52.9% to $1.148 billion or 75.3% of total reserves in the nine months, compared with 77.9% on January 1.

Reserves in gold rose 20.6% in the nine months to the equivalent of $238.1 million.

Reserves according to International Monetary Fund (IMF) methodology grew 54.4% in the nine months to $1.189 billion. They grew 5.9% in September after falling 8.3% in August.

The National Bank gold reserves are more than 23 tonnes.

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