Belarus BY: Broad Money: to Total Reserves Ratio

Belarus BY: Broad Money: to Total Reserves Ratio data was reported at 2.541 Ratio in 2021. This records a decrease from the previous number of 2.788 Ratio for 2020. Belarus BY: Broad Money: to Total Reserves Ratio data is updated yearly, averaging 2.733 Ratio from Dec 1994 (Median) to 2021, with 28 observations. The data reached an all-time high of 57.671 Ratio in 1994 and a record low of 2.390 Ratio in 2012. Belarus BY: Broad Money: to Total Reserves Ratio data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Belarus – Table BY.World Bank.WDI: Money Supply. Broad money is the sum of all liquid financial instruments held by money-holding sectors that are widely accepted in an economy as a medium of exchange, plus those that can be converted into a medium of exchange at short notice at, or close to, their full nominal value. Reserve assets are external assets, including monetary gold, that are readily available to and controlled by monetary authorities for meeting balance of payments financing needs, for intervention in exchange markets to affect the currency exchange rate, and for other related purposes (such as maintaining confidence in the currency and the economy, and serving as a basis for foreign borrowing). Reserve assets must be denominated and settled in foreign currency. This indicator is expressed as a ratio (a÷b).;International Financial Statistics database, International Monetary Fund (IMF);;

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