
The National Bank manages reserves so that they cover external obligations and support the stability of the financial system.
Reserves serve as a buffer against external shocks. Their volume, according to Egorov, is approximately $14-15 billion.
Such a sum is sufficient to cover the entire short-term external debt of the country, he emphasized.
Part of the funds is held in physical monetary gold, and part in liquid foreign assets and currencies.
The central bank also is responsible for low and predictable inflation.
In addition, it monitors compliance with foreign exchange legislation. Export revenue should return to the country and work for the economy, not remain in offshore schemes.
The regulator builds monitoring of foreign trade operations, not intervening in each deal, but keeping track of payment timelines.
Financial stability remains among the priorities. The economy is changing, world commodity prices fluctuate, and logistics is being rebuilt.
The National Bank monitors system stability and prepares measures in case of turbulence.
Egorov named the growth of the well-being of Belarusians as the main goal of the National Bank's work.
According to him, it is important that payments are processed quickly, savings are protected, and the ruble serves the development of the country.