Main objective of monetary policy
Inflation
(December 2021 to December 2020)
no more than 5%
Actual value
(March 2021 to March 2020)
8.5%

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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
(March 2021 to March 2020)
1.8%

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further on monetary policy

Refinancing rate
21/04/21 8.5%

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Operations of the National Bank
Overnight credit 9.50%
Deposits at the National Bank 7.50%

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Interbank interest rates
intraday 16/04/21 19/04/21
in Belarusian ruble (1 day) 7.8 8.6
in hard currency (1 day) 0.2 0.2

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Exchange rates
20/04/21 21/04/21
EUR 1 Euro 3.1140 3.1186
USD 1 US Dollar 2.5960 2.5864
RUB 100 Russian Rubles 3.4055 3.4027

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International reserve assets (USD m)
as at 01/04/21 6,940.0

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Gold reserve
as at 01/01/2143.2 t

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