Belarus hard currency reserves triple to $150m

Belarus's central bank net hard currency reserves rose to $150 million on January 1, 2001, from $50 million at the start of last year, the bank's head, Pyotr Prokopovich, said on Feb 2. He told a news conference the bank planned to boost net hard currency reserves to $170 million by the end of 2001. "The task for this year is to maintain this level of reserves, boosting it by 10-15 percent," Prokopovich said.

The central bank foresees spending reserves in coming year to prop up the Belarussian

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Geoeconomic reserve management

The world order is evolving. Whether, and how, the international economy remains integrated or shifts into spheres of influence has consequences for central bank policy and reserve management.

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