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12 May 2025

Belarus' gold, forex reserves hit all-time high of $10.9bn

Belarus' gold, forex reserves hit all-time high of $10.9bn
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MINSK, 12 May (BelTA) - Belarus' gold and foreign exchange reserves have hit a fresh all-time high thanks to the growth of reserves in foreign currency, according to the macroeconomic review of the Eurasian Development Bank (EDB), BelTA has learned.

The country's gold and foreign exchange reserves surged by $872.7 million in April 2025 to hit new all-time high of $10.942 billion. The record level was driven by an increase in foreign currency reserves by $513.2 million amid the growth of currency supply in the domestic market.

The increase in the monetary gold value by $326.3 million driven by a 6% rise in prices over the month has also been a significant factor in the reserve growth.

Since the beginning of the year, gold and foreign exchange reserves have gone up by $2.019 billion, or more than 22%.

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