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On November 15, the Belarusian Currency and Stock Exchange held regular currency trading. The ruble continues to fall in price against the dollar, and the Russian currency has similar trends. At the same time, since the beginning of the year, the dollar has risen in price by only 2%. The dollar rose by BYN......

The issue of allowing settlements in crypto-currencies is not being considered in Belarus, Chairman of the Board of the National Bank Pavel Kallaur said on October 18 at the opening of the international forum on banking information technologies BankIT'2017, BelTA informs. “As for cryptocurrencies, the issue of allowing settlements in cryptocurrencies for goods, works, services on the territory of ...

Belarusians in September reduced the sale of cash currency by 7 % compared to August - to 6 29.4 million dollars. Purchasing foreign currency after the end of the holiday season fell even more significantly, by 14.9% to $ 407.5 million . At the same time, for twenty months the population has remained a net seller of cash currency, according to the materials of the National Bank of Belarus. In Sept...

The National Bank of Belarus released its September Economic Outlook, with economic sentiment indices for each of the four economic activities surveyed: industry, construction, trade and transport. The composite index of economic sentiment, calculated on the basis of optimism in industry, construction, trade and transport, was at the level of 2.6% in September against 4.5% in August, 4.3% in July ...

First Deputy Chairman of the Board of the National Bank Taras Nadolny spoke about the results of stress tests conducted in Belarusian banks. “Today, we cannot say that the stress test results are worse than last year. At the same time, there are questions about the quality of the portfolio of banks and problem debt, which practically does not decrease,” he said. According to Nadolny, as of Septemb...

The National Bank does not share the fears of some banks regarding a possible outflow of capital from the country, Deputy Chairman of the Board of the National Bank Dmitry Kalechits told reporters today on the sidelines of the Belarusian Investment Forum. “We are constantly monitoring the situation on the deposit market, it is quite stable. Of course, the attraction of ruble deposits is no longer ...

A twofold increase in the rate of deductions to the Fund of Required Reserves (FOR) for attracted funds in foreign currency does not contribute to the acceleration of de-dollarization of the economy and reduces the effectiveness of the measures taken by the National Bank in monetary policy earlier. This is stated in a letter from the management of Belgazprombank to the Association of Belarusian Ba...

The Board of the National Bank decided to reduce the refinancing rate from 11.5% to 11% per annum from October 18, 2017, the press service of the National Bank reported. This is already the eighth rate cut this year, the first six cuts were in increments of 1 p.p. “Inflationary processes continue to slow down. In August 2......

The National Bank of Belarus has decided to reduce from October 1, 2017 from 20 to 10 percent the amount of the mandatory sale of foreign currency proceeds of resident business entities. This decision was made by the National Bank as part of the implementation of a consistently pursued policy of liberalization of foreign exchange relations and taking into account the stable situation in the foreig...