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Belarus' gold reserve exceeds $5bn

Belarus’ gold reserve exceeded five billion dollars for the first time in the last couple of years. A sustainable growth has been going on for 13 months already.

The gold reserves are planned to be increased by no less than 500 million dollars in 2017. Nearly a fifth of this amount was gained in a period of a little over two months. The increment of growth summed up to more than 90 million dollars since the beginning of 2017.

The national reserve was topped up with proceeds from the sale of bonds and foreign currency purchases at stock trading. Export duties on oil and petrochemicals influenced the reserve too.

Belarus' gold reserve exceeds $5bn