Belarus’ Gold and Foreign Exchange Reserves Fall by $376.5 Million in October

Reform.news Editorial Team · 4 November 2026, 09:40

https://reform.news/en/belarus-gold-and-foreign-exchange-reserves-fall-by-376-5-million-in-october/

Belarus’ gold and foreign exchange reserves fell by $376.5 million in October, standing at almost $14.26 billion as of November 1. The National Bank of Belarus published the figures.

The decline in reserves was driven by a decrease in the value of monetary gold. In October, its value fell by $461 million to $6.78 billion. The value of special drawing rights decreased by $4.6 million to nearly $1.4 billion. Foreign currency reserve assets increased by $89.1 million to $6.08 billion. The reserve position in the IMF and other assets, valued at $0.03 million and $0.1 million respectively, remained unchanged.

Compared with the beginning of the year, reserves declined by $166 million. This included a $691.6 million decrease in the value of monetary gold and a $14.5 million decrease in special drawing rights, while foreign currency reserve assets increased by $540.1 million.