Currency | BelarusDigest

Currency

The Government is Preparing for a Recession – Belarus Economy Digest

For 2015, any positive growth would be considered a great success for the Belarusian authorities. Apart from external shocks, several structural challenges have emerged. A spike in inflation, deeper depreciation of the national currency, the distress of the banking industry,...

25 February 2014

Strict Monetary Policy to Solve Economic Problems – Belarus Economy Digest

According to official forecasts, an improved climate for foreign trade and accelerated economic growth await Belarus in 2014. The growth of the country's negative trade balance in 2013 created additional pressure on the foreign exchange market and the dynamics of its foreign reserves. Improving...

22 March 2013

Economy Recuperates but Slower than Forcasted – Digest of Belarusian Economy

While economic growth seems to be recuperating in January and February, it remains below the wishful forecasts of the government. At the same time, the situation with current account balance continues to be the pressing matter, as the government is...

9 January 2009

Forbes: Currency devaluation a shock for Belarussians

MINSK, Jan 8 (Reuters) - A surprise 20 percent devaluation of the Belarussian currency has sent people rushing to shops before prices go up. The devaluation shocked many in this ex-Soviet...