Main objective of monetary policy
Inflation
(December 2021 to December 2020)
no more than 5%
Actual value
(January 2021 to January 2020)
7.7%

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Intermediate target of monetary policy
Growth in the average broad money supply
(December 2021 to December 2020)
7-10%
Actual value
(January 2021 to January 2020)
5.1%

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further on monetary policy

Refinancing rate
01/07/20 7.75%

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Operations of the National Bank
Overnight credit 8.75%
Deposits at the National Bank 6.75%

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Interbank interest rates
intraday 24/02/21 25/02/21
in Belarusian ruble (1 day) 3.5 3.6
in hard currency (1 day) 0.1 0.1

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Exchange rates
28/02/21 01/03/21
EUR 1 Euro 3.1662 3.1662
USD 1 US Dollar 2.6057 2.6057
RUB 100 Russian Rubles 3.5028 3.5028

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International reserve assets (USD m)
as at 01/02/21 7,203.4

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Gold reserve
as at 01/01/2143.2 t

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