Belarus: gold and forex reserves up in April 2018

Belarus’ gold and foreign exchange reserves exceeded $7 billion as of May 1, the Information and PR Department of the National Bank of the Republic of Belarus (NBRB) reported. According to the preliminary data, Belarus’ gold and foreign exchange reserves, if calculated in accordance with methods of the International Monetary Fund, totaled $7.038 billion (in…

Latvia: economic growth to continue

Latvia’s economy will grow more slowly than it did in Q1. Growth will likely reach at least 4%, predicts Luminor Bank economist Peteris Strautins. SEB Bank’s macroeconomic expert Dainis Gaspuitis is more reluctant in his outlook. He expects economic growth rate to be 3.7%, considering global cycles and negative trends in certain sectors. Swebank senior…