Belarusian reserves rise 0.5% in Sept, fall 10.9% in 9M to $7.503 bln

MINSK. Oct 7 (Interfax) - Belarusian gold and foreign-exchange reserves rose 0.5% or $39.2 million to $7.503 billion in September, the National Bank of Belarus said.

The reserves fell 1.3% or $97.6 million in August.

They fell 10.9% or $921.7 million, in January-September.

The National Bank, starting from August 2022, no longer publishes data on the structure of gold and foreign exchange reserves and the reasons for their changes.

The government redeemed $1.16 billion of domestic and external debt in H1 2022 and plans $4 billion this year as a whole. The National Bank has forecast the reserves will be at least $7 billion by the end of 2022, taking into account foreign and domestic debt repayments.

The reserves grew 12.8% to $8.425 billion in 2021 after falling 20.5% to $7.47 billion in 2020.

The Belarusian Finance Ministry has also stopped publishing monthly data on budget execution and foreign debt, including data published in line with the International Monetary Fund's Special Data Dissemination Standard for Belarus.