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Sovereign Wealth Funds Briefing - Categorized | Reserve Currencies

Belarus’ foreign exchange reserves decreased by 20pct since year’s beginning

Posted on 11 March 2011

From Telegraf.by: According to the National Bank of Belarus, the country’s international reserve assets, calculated by the standards of the International Monetary Fund, decreased by $319.4 million (7.4%) in February 2011 and amounted to just over $4 billion in March 1, 2011.
Thus, foreign exchange reserves (FER) of Belarus declined by 20% (more than $1 billion) since the year’s beginning……………………………………….Full Article: Source


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