National Bank to write off losses on seasonal factors

Society The volume of international reserve assets of Belarus in the national definition for the first month 2011and decreased by 575.8 million, or 9.4%. In the international dimension of loss even greater — 687.7 million, or 13.7%. These data were presented today leads management to the National Bank of Belarus. The same report notes that "the decline in foreign exchange reserves is a characteristic phenomenon in January." Like, triggered by seasonal factors: execution of payments in foreign currency liabilities last year, as well as the traditional decline in foreign exchange earnings.

Many experts, however, point out that the foreign

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