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
01/07/20 7.75%

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Operations of the National Bank
Overnight credit 8.75%
Deposits at the National Bank 6.75%

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Interbank interest rates
intraday 14/04/21 15/04/21
in Belarusian ruble (1 day) 6.0 7.3
in hard currency (1 day) 0.1 0.2

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Exchange rates
18/04/21 19/04/21
EUR 1 Euro 3.1082 3.1082
USD 1 US Dollar 2.5965 2.5965
RUB 100 Russian Rubles 3.4363 3.4363

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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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