Belarus's gold and foreign exchange reserves decreased by more than $1.1 billion in March

4/3/2026, 08:56 AMДмитрий Летов

Belarus's international reserve assets amounted to $15.242 billion in equivalent as of April 1, 2026. In March, their volume decreased by $1.125 billion, or 6.87%, according to data from the National Bank of the Republic of Belarus.

The main reason for the decline was the fall in gold prices on global markets. This had the greatest impact on the structure of reserves, where monetary gold accounts for a significant share.

The volume of gold assets decreased by $1.054 billion over the month, reaching $7.981 billion. At the same time, the foreign exchange component of the reserves decreased slightly – by $58.5 million, to $5.859 billion.

As of March 1, 2026, gold and foreign exchange reserves stood at $16.367 billion. Despite the current decline, the monetary policy target for the end of the year is set at no less than $9.2 billion, leaving a significant safety margin.

Popular news