Main objective of monetary policy
Inflation
(December 2021 to December 2020)
no more than 5%
Actual value
(October 2021 to October 2020)
10.5%

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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
(October 2021 to October 2020)
1.7%

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further on monetary policy

Refinancing rate
21/07/21 9.25%

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Operations of the National Bank
Overnight credit 10.25%
Deposits at the National Bank 8.25%

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Interbank interest rates
intraday 24/11/21 25/11/21
in Belarusian ruble (1 day) 0.50 0.00
in foreign currency (1 day) 7.04 7.21

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Exchange rates
28/11/21 29/11/21
EUR 1 Euro 2.8761 2.8761
USD 1 US Dollar 2.5593 2.5593
RUB 100 Russian Rubles 3.3862 3.3862

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International reserve assets (USD m)
as at 01/11/21 8,549.7

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Gold reserve
as at 01/01/2143.2 t

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