Republic

MINSK, 7 July (BelTA) – Belarus’ gold and foreign exchange reserves increased by $557.7 million as determined by the IMF Special Data Dissemination Standard (SDDS). According to the preliminary data, as of 1 July 2011 it made up $4.1509 billion, BelTA learned from the Information Department of the National Bank. The gold and foreign exchange reserves of Belarus in national terms went up by $546.6 million to $5.650 billion as of 1 July 2011. The first $800 million tranche from the EurAsEC Anti-Crisis Fund contributed to the increase in Belarus’ gold and foreign exchange reserves. The reserves also increased as the National Bank succeeded to meet the external and internal foreign currency obligations worth of $227 million. The increase in the reserves was also caused by a rise in prices for precious metals, according to the Information Department of the National Bank.

БЕЛТА