OREANDA-NEWS. As at the end of April 2015, the volume of gold and foreign exchange reserves of the Republic of Belarus on the IMF’s SDDS definition increased by USD10.8 million and amounted, according to the preliminary data, to USD4,571.3 million in the equivalent as of May 1, 2015.

The volume of gold and foreign exchange reserves on the national definition grew by USD133.9 million, totaling USD5,127.2 million in the equivalent as of the same date.

The repayment of external and internal foreign exchange obligations of the Government of the Republic of Belarus had a negative impact on the volume of gold and foreign exchange reserves

Revenues from collection of export duties on oil products, the surplus of the National Bank’s trade in foreign exchange at the JSC "Belarusian Currency and Stock Exchange", as well as refinancing of its obligations by the National Bank of the Republic of Belarus were conducive to maintaining the level of gold and foreign exchange reserves in April 2015.

The credit granted by the Russian Federation in Russian rubles was responsible for the increase in the level of gold and foreign exchange reserves on the national definition.