Long live the yuan! The National Bank of Belarus has deceived Moscow by its decision

02 July 2017, 21:25 | Policy
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From 1 July 2017. The National Bank of Belarus has stopped taking into account the Russian ruble when calculating the gold and foreign exchange reserves indicator. Such actions are provided for on June 14, 2017. Decision of the NBR Board.

Now the international reserve assets of Belarus will be calculated only by the IMF method, which does not take into account assets in some currencies, including Russian.

"The State of the Gold and Foreign Exchange Reserves of Belarus since July 1, 2017. Will be characterized by a single indicator - the value of international reserve assets calculated in accordance with the special IMF data dissemination standard, "the NRB.

The National Bank of Belarus used a mixed definition of the calculation of gold reserves since 2004. - it took into account both the IMF methodology and the national methodology.



Also in the National Bank of Belarus they said that they started taking into account the Chinese yuan when calculating the indicator of the gold and foreign exchange reserves of the Republic of Belarus.

Earlier it was reported that the Belarusian IT-businessman Viktor Prokopenya filed an application with the regulating authorities of Belarus and Ukraine to agree a deal on the purchase of the Belarusian state-owned Paritetbank and Russian subsidiary Sberbank in Ukraine.

Source: LIGA.




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