OREANDA-NEWS. July 08, 2015. As at the end of June 2015, the volume of gold and foreign exchange reserves of the Republic of Belarus on the IMF’s SDDS definition increased by USD13.4 million and amounted, according to the preliminary data, to USD4,620.7 million in the equivalent as of July 1, 2015.

The volume of gold and foreign exchange reserves on the national definition decreased by USD156.3 million, totaling USD5,065.6 million in the equivalent as of the same date.

Revenues from collection of export duties on oil products were conducive to maintaining the level of gold and foreign exchange reserves in June 2015.

The repayment of external and internal foreign exchange obligations of the Government and the National Bank of the Republic of Belarus in full, as well as the falling price for gold in the international precious metals market had a negative impact on the volume of gold and foreign exchange reserves.