Belarus’ foreign exchange reserves down 1.6 percent in April

May 5, BPN. Belarus’ gold and foreign exchange reserves fell by $130 million in April to about $7.968 billion, the National Bank’s press office reported.

The reserves fell by $495.5 million in 2022 and by $1.5 billion or 15.59 percent over the last three years.

Since August 2022, the National Bank has been publishing information on foreign exchange reserves on its official website without a breakdown and analysis of fluctuations.

Gold and foreign exchange reserves are projected to amount to at least $6 billion by the end of 2023, according to the monetary and credit policy guidelines adopted in November 2022.