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forum of the regions of Russia that took place in Mogilev , the head of the upper chamber of the Belarusian parliament Mikhail Myasnikovich said in a televised interview, state news agency BELTA reported on October 15. The official did not elaborate on the contracts. "The bulk is the Belarusian export to Russia. I took a look at these contracts: two thirds of them are investment goods: machinery, tools, equipment, electronics," Myasnikovich added.
5.2.4 Gross international reserves
Belarus' gold and foreign currency reserves fell slightly to $6,926.4mn as of 1 October 2018, if calculated in accordance with methods of the International Monetary Fund, BelTA reports citing the National Bank of the Republic of Belarus.
In September 2018, the country's gold and foreign currency reserves went down by $320mn (4.4%) following the August growth by $216.2mn (3.1%).
In September 2018 the National Bank and the government of the Republic of Belarus repaid foreign and domestic obligations in foreign currency in the amount of about $382mn.
The country's gold and foreign exchange reserves also reduced due to the lower cost of gold.
Belarus' gold and foreign exchange reserves were bolstered thanks to the budget revenues, including export duties on oil and oil products and revenues from selling government bonds nominated in foreign currency by the central bank and the Finance Ministry.
According to the country's main monetary guidelines for 2018 the volume of international reserve assets, taking into account the honouring of domestic and foreign commitments in foreign currency should reach at least $6bn on 1 January 2019.
21 BELARUS Country Report November 2018 www.intellinews.com