Belarus’ foreign exchange reserves up 9.8 percent in 2024

January 8, Pozirk. Belarus’ gold and foreign exchange reserves rose by $128 million in December to $8.9 billion on January 1, according to preliminary data from the National Bank.

Reserves grew by 9.78 percent in 2024, with a 1.45-percent growth posted in December.

Last month, monetary gold reserves fell by $72 million and reserves under special drawing rights, by 6.4 million but foreign currency reserves rose by $206 million.

Belarus’ gold and foreign exchange reserves were projected to amount to at least $6 billion in 2024 and exceed $7 billion in 2025.

Economy

Economy

Rubel down 8.6 percent against US dollar at cash exchange offices in 2024

January 4, Pozirk. The Belarusian currency weakened by 8.6 percent against the US dollar at cash exchange offices last year, trading at 3.4625, according to Pozirk’s analysis of quotes announced by Belarusian banks’ head offices. The Belarusian currency’s plunge against …

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