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Republic
12.07.2007

Belarus’ gold and foreign currency reserves approximate $3 billion

Belarus’ gold and foreign currency reserves will soon reach $3 billion, Chairman of the Board of the National Bank of Belarus Piotr Prokopovich informed Belarusian Head of State Alexander Lukashenko today. As BelTA was told in the presidential press service, Alexander Lukashenko was informed about the performance of the Belarusian banking system in H1 2007. For the six months of the current year Belarus’ gold and foreign currency reserves grew by $1.189 billion against the same period of 2006 and reached $2.942 billion. Currency proceeds upped by 19.8%. According to Piotr Prokopovich, it testifies to the stability of the national currency rate.