Main objective of monetary policy
Inflation
(December 2019 to December 2018)
no more than 5%
Actual value
(February 2019 to February 2018)
6.2%

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Intermediate target of monetary policy
Growth in average monthly broad money supply
(December 2019 to December 2018)
9–12%
Actual value
(February 2019 to February 2018)
10.3%

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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 8.50%

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Interbank interest rates
18/03/19 19/03/19
in Belarusian ruble (1 day) 10.0 9.9
in hard currency (1 day) 2.4 2.4

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Exchange rates
20/03/19 21/03/19
EUR 1 Euro 2.3903 2.3894
USD 1 US Dollar 2.1064 2.1057
RUB 100 Russian Rubles 3.2768 3.2756

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Currency basket (USD, EUR, and RUB)
Value as at 21/03/19 0.2694
Change from 20/03/19 0.00%

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International reserve assets (USD m)
as at 01/03/19 7,095.2

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Gold reserve
as at 01/01/1941.2 t

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