BELARUS NEWS AND ANALYSIS

DATE:

11/10/2006

Belarussian net foreign assets up 5% in 9 mths

MINSK. Oct 11 (Interfax) - Belarussian net foreign assets grew 5% to $1.454 billion during the first nine months of 2006, the National Bank of Belarus said.

Net foreign assets grew 2.6% in September after dropping 1.3% in August.

Gross foreign assets rose 4.9% to $1.467 billion in the nine months, but gross foreign liabilities dropped 12.3% to $12.8 million.

Net foreign assets placed in freely convertible currency stood at $1.315 billion on October 1, 2006, down 3.9% from January 1. Foreign currency that is not fully convertible stood at the equivalent of $138.5 million on October 1.

Net foreign assets at monetary and credit regulatory agencies stood at $1.384 billion on January 1, 2006, up 60.4% from 2005 and up 43.5% from 2004. rm

Source:

http://www.interfax.ru/e/B/finances/26.html?id_issue=11603177