Business & Finance
Belarus gold/forex reserves up in December
- Belarus, which received $500-million loan from Russia in late 2020.
MOSCOW: Belarus' gold and foreign exchange reserves rose to $7.47 billion in December from $7.38 billion a month earlier, the central bank said on Wednesday.
The central bank added that it had repaid $227 million in foreign debt in December. The debt repayment totalled $3.9 billion in 2020.
Belarus, which received $500-million loan from Russia in late 2020, expects its reserves to decline to not less than $6.0 billion in 2021, the central bank said.
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