NUCLEAR POWER IN BELARUS AND WORLDWIDE
As of 1 January 2021 Belarus' gold and foreign currency reserves totaled $7,468.5 million in equivalent.*
Overall, the country's international reserve assets decreased by $1.9 billion (or 20.5%) in 2020.
Major factors that affected the country's gold and foreign exchange reserves:
- scheduled repayment of foreign and domestic obligations in foreign currency;
- sale of foreign currency by the National Bank via the Belarusian Currency and Stock Exchange.
Major contributors to the country's gold and foreign exchange reserves:
- revenues from selling government bonds nominated in foreign currency by the Finance Ministry in domestic and foreign markets;
- external government loans;
- other foreign currency budget revenues;
- increase in the value of monetary gold.
Belarus' gold and forex reserves in 2020 ($ million):
1 January – 9,393.5
1 February – 9,243.1
1 March – 8,804.9
1 April – 7,786.5
1 May – 7,882.9
1 June – 7,879.3
1 July – 8,795.7
1 August - 8,857.5
1 September - 7,457.8
1 October - 7,321.4
1 November - 7,485.6
1 December - 7,376.3,
1 January 2021 - 7,468.5
According to the country's main monetary guidelines for 2020, the volume of international reserve assets was expected to total at least $7.3 billion on 1 January 2021.
*Preliminary data
Source: National Bank of the Republic of Belarus
