OREANDA-NEWS. October 14, 2010. Belarus’ gold and foreign exchange reserves [calculated under the national methodology] went up 8.5% in January-September 2010 to USD 6.485 billion, according to the National Bank of Belarus (NBB).

In turn, Belarus’ international reserves, based on the International Monetary Fund’s (IMF) methodology, went down 1.5% in January-August 2010 to USD 5.569 billion as of September 1, 2010.

The key sources of foreign exchange reserves in the period were IMF loans, receipts from the sale of the final 12.5% shareholding in JSC  Beltransgaz, receipts from the sale of Eurobond and transactions conducted by the National Bank.

According to the NBB, the current level of gold and foreign exchange reserves enables the central bank to ensure the stability of the national currency.

In 2009, Belarus’ reserves went up by USD 2.591 billion, or 84.7%. This year, international reserves are projected to rise by USD 500 million-USD 1.83 billion.