Main objective of monetary policy
Inflation
(December 2018 to December 2017)
no more than 6%
Actual value
(July 2018 to July 2017)
4.1%

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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
(July 2018 to July 2017)
9.0%

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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
10/08/18 13/08/18
in Belarusian ruble (1 day) 10.3 10.2
in hard currency (1 day) 1.9 1.9

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Exchange rates
14/08/18 15/08/18
EUR 1 Euro 2.3554 2.3426
USD 1 US Dollar 2.0707 2.0542
RUB 100 Russian Rubles 3.0415 3.0768

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Currency basket (USD, EUR, and RUB)
Value as at 15/08/18 0.2581
Change from 14/08/18 -0.23%

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International reserve assets (USD m)
as at 01/08/18 7,030.2

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Gold reserve
as at 01/01/1840.2 t

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