President pays much attention to stability of banking and entire financial system of Belarus

The National Bank acknowledges that 2020 is a difficult year for the financial system. But we passed it without collapses. External obligations were fulfilled, there were no distortions in the foreign exchange market. However, profit fell by 13.5%.

As of January 1, the National Bank exceeded the plan for gold and foreign exchange reserves by almost 170 million dollars. They amounted to about 7,5 billion, which allows us to remain a reliable borrower in the world market and to maintain the exchange rate of the national currency.