Main objective of monetary policy
Inflation
(December 2018 to December 2017)
no more than 6%
Actual value
(September 2018 to September 2017)
5.6%

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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
(September 2018 to September 2017)
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 8.00%

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Interbank interest rates
15/10/18 16/10/18
in Belarusian ruble (1 day) 9.6 9.3
in hard currency (1 day) 2.1 2.1

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Exchange rates
17/10/18 18/10/18
EUR 1 Euro 2.4458 2.4365
USD 1 US Dollar 2.1112 2.1066
RUB 100 Russian Rubles 3.2211 3.2210

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Currency basket (USD, EUR, and RUB)
Value as at 18/10/18 0.2682
Change from 17/10/18 0.15%

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International reserve assets (USD m)
as at 01/10/18 6,926.4

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Gold reserve
as at 01/01/1840.2 t

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