Main objective of monetary policy
Inflation
(December 2019 to December 2018)
no more than 5%
Actual value
(June 2019 to June 2018)
5.7%

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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
(June 2019 to June 2018)
12.4%

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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
16/07/19 17/07/19
in Belarusian ruble (1 day) 9.7 10.6
in hard currency (1 day) 2.3 2.3

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Exchange rates
18/07/19 19/07/19
EUR 1 Euro 2.2787 2.2811
USD 1 US Dollar 2.0341 2.0301
RUB 100 Russian Rubles 3.2311 3.2314

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Currency basket (USD, EUR, and RUB)
Value as at 19/07/19 0.2622
Change from 18/07/19 0.04%

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International reserve assets (USD m)
as at 01/07/19 8,290.7

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Gold reserve
as at 01/01/1941.2 t

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