Belarus' gold, forex reserves at all-time high of $12.4bn

MINSK, 3 September (BelTA) - According to preliminary data, Belarus' gold and foreign exchange reserves were estimated at $12.413 billion in equivalent on 1 September, BelTA reports citing the information published on the website of the National Bank.

In August 2025, gold and foreign exchange reserves went up by $471.4 million (3.9%) after an increase of more than $400 million in July.

Belarus' international reserves are made up mostly of foreign currency assets and monetary gold. According to the National Bank, the amount of foreign currency in the reserves stood at $5.0688 billion as of 1 September, up $251.8 million (5.2%) month-on-month. The amount of monetary gold was estimated at $5.939 billion, up $225.1 million (3.9%).

According to the monetary policy targets, the amount of Belarus' international reserves by the end of 2025 should be at least $7.1 billion.