BELARUS NEWS AND ANALYSIS

DATE:

09/01/2008

Belarus forex/gold reserves triple to $5 bln in 2007

Reuters

MINSK, Jan 9 - Foreign exchange and gold reserves in the ex-Soviet state of Belarus almost tripled in 2007 to $4.99 billion, the country's National Bank said on Wednesday. Forex reserves totalled $4.064 billion and gold and precious metals totalled $846.9 million, the bank said. Unspecified others made up the small balance.

Belarus plans to increase its total reserves by $2.2 billion by the end of 2008 and to hit $10 billion by 2010.

Source:

http://malaysia.news.yahoo.com/rtrs/20080109/tbs-belarus-gold-reserves-7318940.html