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Tuesday, March 25, 2025

Reshaping Perspectives and Catalyzing Diplomatic Evolution

Belarus’ gold and foreign exchange reserves hit $8.1 billion in March

Over the past month, the agency said, gold and foreign exchange reserves increased by $329.1 million after a decrease in February this year of $373.3 million.

As SOYUZ informed earlier, since August last year, information on the volume of international reserve assets has been published on the official website of the National Bank “without detailing their structure, or indicating the factors that have influenced their development.

As for foreign exchange transactions, which were carried out in March by individuals of the ten millionth republic, then, judging by official statistics, they remained net sellers of foreign currency, selling 62.1 million dollars more than they bought.

By the way, the total volume of cash and non-cash foreign currency purchased by individuals in March amounted to 790.7 million dollars, and in general, in January-March of this year, their sale of foreign currency in cash and non-cash exceeded its purchase by $33.3 million.

True, experts note that business entities – residents of Belarus in March acted as net buyers of foreign currency. According to data from the financial regulator, companies bought $232.8 million more in foreign currency equivalent than they sold. And the total amount of foreign currency purchased by them in March amounted to 2.414 billion dollars, sold – 2.181 billion dollars.

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