Belarus gold reserves rose in November after a five-month of declining.
Author: Lida added 9-12-2012, 14:55
According to preliminary data of the National Bank of Belarus, gold reserves of the country (by IMF methodology) rose in November by $ 184.3 million, up to $ 8.224 billion. It is the first increase in reserves after five months of declining. From the beginning of the year the gold reserves rose by $ 308.1 million.
Reserve assets in foreign currency in November rose by $ 102.7 million up to $ 3.268 billion, and have lost since the beginning of the year $ 1.221 billion.
According to the press service of the National Bank, the growth of gold reserves contributed placing foreign currency bonds of the Ministry of Finance of the Republic of Belarus in the domestic market, as well as a surplus of purchase and sale of foreign currency by the National Bank on the "Belarusian Currency and Stock Exchange».
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