Belarus’ gold and foreign exchange reserves amounted to $8.6971 billion at the end of August, the official said on September 6.
The total volume of gold and foreign exchange reserves during the month increased by about 1.9%, or $165.1 million. This was mainly due to the increase in the value of the share of monetary gold. Foreign currency assets remained virtually unchanged.
The National Bank also published statistics on the foreign exchange market. The largest segment remains the over-the-counter market, where the turnover in foreign currency in January-August amounted to more than $47.9 billion. The turnover on the Belarusian Stock and Currency Exchange reached $11.6 billion, and in exchange offices – almost $11.4 billion. At the same time, the majority of citizens handed over foreign currency (almost $6.5 billion), but bought much less (about $4.9 billion).
Recall that according to the plans of the Belarusian authorities, the volume of international reserves by the end of the year should be at least $6 billion. In July, gold and foreign exchange reserves increased by $173.5 billion and amounted to more than $8.5 billion.
