National Bank of Belarus reduced the refinancing rate to 10%

The National Bank of Belarus has lowered the refinancing rate from 10.5% to 10% per annum from June 27, the bank's information and public relations department reported. The rates for constantly available and bilateral liquidity support operations have been reduced from 11.75% to 11.5% per annum. The decline in rates is due to a slowdown in country's inflation. The National Bank of Belarus lowered the inflation forecast for 2018 to 5.5% from the expected 6%. In the message of the regulator it is said that “in the second half of 2018 there is expected a certain increase in inflation, taking into account the weaker disinflationary influence of the domestic economy, as well as a possible increase in regulated prices.”

The information and recommendations contained in this analytical document are published strictly for information purposes and are not considered as an offer to buy or sell the trading tools mentioned above and are not intended to motivate to perform certain transactions
Something went wrong