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Economy
10 February 2025, 10:45

EBD: Belarus' gold and forex reserves hit a five-year high

 

An archive photo
An archive photo
MINSK, 10 February (BelTA) – Belarus' gold and foreign exchange reserves have reached a five-year high, reads the weekly macroeconomic review of the Eurasian Development Bank (EDB), BelTA has learned.

“Belarus' gold and foreign exchange reserves grew by $410.6 million in January 2025 to reach $9.333 billion by 1 February 2025, their highest level in five years,” the bank noted.

According to EDB analysts, the key factor was the increase in the value of gold in the structure of the reserves by $345.2 million following the rise in world prices by 7.8% in January. 
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