Main objective of monetary policy
Inflation
(December 2021 to December 2020)
no more than 5%
Actual value
(August 2021 to August 2020)
9.8%

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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
(August 2021 to August 2020)
-3.7 %

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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 21/09/21 22/09/21
in Belarusian ruble (1 day) 3.00 2.71
in foreign currency (1 day) 1.04 0.82

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Exchange rates
23/09/21 24/09/21
EUR 1 Euro 2.9394 2.9371
USD 1 US Dollar 2.5049 2.5030
RUB 100 Russian Rubles 3.4384 3.4432

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International reserve assets (USD m)
as at 01/09/21 8,496.7

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Gold reserve
as at 01/01/2143.2 t

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