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
17/07/18 18/07/18
in Belarusian ruble (1 day) 8.7 11.0
in hard currency (1 day) 1.9 1.9

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Exchange rates
19/07/18 20/07/18
EUR 1 Euro 2.3120 2.3176
USD 1 US Dollar 1.9886 1.9960
RUB 100 Russian Rubles 3.1609 3.1527

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Currency basket (USD, EUR, and RUB)
Value as at 20/07/18 0.2585
Change from 19/07/18 -0.04%

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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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