Main objective of monetary policy
Inflation
(December 2018 to December 2017)
no more than 6%
Actual value
(June 2018 to June 2017)
4.1%

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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
(June 2018 to June 2017)
11.2%

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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
11/07/18 12/07/18
in Belarusian ruble (1 day) 9.8 9.3
in hard currency (1 day) 1.9 2.0

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Exchange rates
15/07/18 16/07/18
EUR 1 Euro 2.2898 2.2898
USD 1 US Dollar 1.9706 1.9706
RUB 100 Russian Rubles 3.1632 3.1632

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Currency basket (USD, EUR, and RUB)
Value as at 16/07/18 0.2573
Change from 13/07/18 0.16%

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International reserve assets (USD m)
as at 01/07/18 6,831.4

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Gold reserve
as at 01/01/1840.2 t

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