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496

Belorussia Gold Reserves Grew

The Belorussian National Bank said that its gold and foreign exchange reserves

Belorussia Gold Reserves Grew

The Belarussian National Bank said that its gold and foreign exchange reserves, in the national definition, grew 24.5% in the first four months 2005, to $1.303 billion as of April 1.

The reserves increased by 3.6% in April and 5.4% in March.

The reserves included $993.3 million in foreign currency deposits and $182.4 million in gold, respectively 32.3% more and 7.6% less than on January 1. Forex deposits and gold accounted for 76.2% and 14% of the total reserves, compared with 71.7% and 18.9% on January 1.


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