Belarus gold, forex reserves down to 15.2 bln USD

Alsharq Tribune-Otaify 

Belarusian gold and foreign exchange reserves decreased by 1.1 billion U.S. dollars in March, reaching 15.2 billion as of April 1, the country's central bank said Friday.

The drop in reserves is due to the decline in global gold prices, the National Bank of the Republic of Belarus said.

Foreign currency assets and monetary gold account for the largest share of Belarusian international reserve assets. The value of foreign currency in reserves was 5.8586 billion dollars as of April 1, down 58.5 million dollars from March, while the value of monetary gold was 7.9814 billion dollars, down 1.0542 billion dollars.

Under the monetary policy targets, Belarus aims to maintain its international reserves at no less than 9.2 billion dollars by the end of 2026.