Main objective of monetary policy
Inflation
(December 2018 to December 2017)
no more than 6%
Actual value
(May 2018 to May 2017)
4.4%

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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
(May 2018 to May 2017)
12.3%

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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
14/06/18 15/06/18
in Belarusian ruble (1 day) 12.4 12.1
in hard currency (1 day) 1.9 1.9

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Exchange rates
18/06/18 19/06/18
EUR 1 Euro 2.3168 2.3287
USD 1 US Dollar 2.0007 2.0102
RUB 100 Russian Rubles 3.1911 3.1700

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Currency basket (USD, EUR, and RUB)
Value as at 19/06/18 0.2600
Change from 18/06/18 0.08%

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International reserve assets (USD m)
as at 01/06/18 6,939.6

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Gold reserve
as at 01/01/1840.2 t

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