Main objective of monetary policy
Inflation
(December 2018 to December 2017)
no more than 6%
Actual value
(April 2018 to April 2017)
5.0%

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Intermediate target of monetary policy
Growth in average monthly broad money supply
(December 2018 to December 2017)
9–12%
Actual value
(April 2018 to April 2017)
14.8%

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further on monetary policy

Refinancing rate
14/02/18 10.5%

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Operations of the National Bank
Overnight credit 11.75%
Deposits at the National Bank 8.00%

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Interbank interest rates
23/05/18 24/05/18
in Belarusian ruble (1 day) 11.7 11.5
in hard currency (1 day) 1.7 1.7

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Exchange rates
27/05/18 28/05/18
EUR 1 Euro 2.3398 2.3398
USD 1 US Dollar 2.0017 2.0017
RUB 100 Russian Rubles 3.2467 3.2467

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Currency basket (USD, EUR, and RUB)
Value as at 28/05/18 0.2630
Change from 25/05/18 0.04%

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International reserve assets (USD m)
as at 01/05/18 7,038.1

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Gold reserve
as at 01/01/1840.2 t

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