NATIONAL BANK OF THE REPUBLIC OF BELARUS
Main objective of monetary policy  
Inflation
(December 2017 to December 2016)
no more than 9%
Actual value
(November 2017 to November 2016)
4.9%
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Intermediate target of monetary policy  
Growth in average monthly
broad money supply
(December 2017 to December 2016)
14%
±2 pp
Actual value
(November 2017 to November 2016)
12.6%
details
further on monetary policy
Refinancing rate11%
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Operations of the National Bank (current rates)
Overnight credit12.00%
Deposits at the National Bank8.00%
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Interbank interest rates12/12/1713/12/17
in Belarusian ruble (1 day)8.49.3
in hard currency (1 day)1.21.2
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Gold reserve (as at 01/01/17) 39.1 t
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Currency basket (USD, EUR, and RUB)
Value as at 15/12/170.2736
Change from 14/12/170.04%
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Exchange rates 14.12.1715.12.17
EUR 1 Euro2.39372.3963
USD 1 US Dollar2.03782.0277
RUB 100 Russian Rubles3.44633.4534
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International reserve assets (USD m)
as at 01/12/177,413.7
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