Belarus’ gold and forex reserves up by $5.5bn over 2025, reaching new historic high

 

MINSK, 6 January (BelTA) – Belarus’ gold and foreign exchange reserves grew by $5.5 billion over 2025 and, according to preliminary data, exceeded $14.4 billion in equivalent as of 1 January 2026, BelTA learned from the National Bank’s press service.

In December 2025 alone, the reserves grew by $526.2 million, or 3.8%.

Foreign currency assets and monetary gold constitute the largest share of Belarus’ international reserve assets. As of 1 January, the National Bank reports that the volume of foreign currency in reserves amounted to $5.5407 billion, having increased by $296.9 million since December. The volume of monetary gold reached $7.471 billion, a rise of $214.1 million.

In line with monetary policy targets, the volume of Belarus’ international reserve assets is projected to reach at least $9.2 billion by the end of 2026.