Main objective of monetary policy
Inflation
(December 2018 to December 2017)
no more than 6%
Actual value
(December 2018 to December 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
(December 2018 to December 2017)
8.1%

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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
17/01/19 18/01/19
in Belarusian ruble (1 day) 11.0 11.0
in hard currency (1 day) 2.4 1.5

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Exchange rates
21/01/19 22/01/19
EUR 1 Euro 2.4501 2.4469
USD 1 US Dollar 2.1499 2.1506
RUB 100 Russian Rubles 3.2409 3.2401

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Currency basket (USD, EUR, and RUB)
Value as at 22/01/19 0.2709
Change from 21/01/19 0.04%

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International reserve assets (USD m)
as at 01/01/19 7,157.6

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Gold reserve
as at 01/01/1840.2 t

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