The National Bank’s Information Department has announced the national definition of gold and currency reserves to have risen by $546.6m: standing at $5,650,000,000 in equivalent as of July 1st, 2011. This is largely due to the arrival of the first tranche of the EurAsEC Anti-Crisis Fund loan of $800m.
The volume of gold and currency reserves has also been influenced by the payment of internal and external liabilities in foreign currency by the National Bank and the Belarusian Government (worth about $227m in equivalent) and the dynamics of precious metal prices on the international market.
