Main objective of monetary policy
Inflation
(December 2018 to December 2017)
no more than 6%
Actual value
(November 2018 to November 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
(November 2018 to November 2017)
9.3%

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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 8.00%

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Interbank interest rates
11/12/18 12/12/18
in Belarusian ruble (1 day) 10.8 10.6
in hard currency (1 day) 2.1 2.1

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Exchange rates
13/12/18 14/12/18
EUR 1 Euro 2.4085 2.4136
USD 1 US Dollar 2.1270 2.1204
RUB 100 Russian Rubles 3.2009 3.2021

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Currency basket (USD, EUR, and RUB)
Value as at 14/12/18 0.2674
Change from 13/12/18 0.04%

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International reserve assets (USD m)
as at 01/12/18 7,439.9

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Gold reserve
as at 01/01/1840.2 t

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