Main objective of monetary policy
Inflation
(December 2019 to December 2018)
no more than 5%
Actual value
(March 2019 to March 2018)
5.8%

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Intermediate target of monetary policy
Growth in average monthly broad money supply
(December 2019 to December 2018)
9–12%
Actual value
(March 2019 to March 2018)
12.2%

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further on monetary policy

Refinancing rate
27/06/18 10%

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Operations of the National Bank
Overnight credit 11.50%
Deposits at the National Bank 8.50%

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Interbank interest rates
17/04/19 18/04/19
in Belarusian ruble (1 day) 11.0 11.0
in hard currency (1 day) 2.4 2.1

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Exchange rates
21/04/19 22/04/19
EUR 1 Euro 2.3557 2.3557
USD 1 US Dollar 2.0950 2.0950
RUB 100 Russian Rubles 3.2765 3.2765

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Currency basket (USD, EUR, and RUB)
Value as at 22/04/19 0.2682
Change from 19/04/19 0.00%

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International reserve assets (USD m)
as at 01/04/19 7,245.6

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Gold reserve
as at 01/01/1941.2 t

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