The devaluation in Belarus
On Tuesday, the dollar could be sold for 13,750 and 12,500 rubles.
The currency exchange fee has been lowered to 20%. Hovered, the dollar exchange rate has gone up to 11800.
Today it is 30%. Changes will occur on December 30.
Belarusian ruble became 7% cheaper vis-a-vis the US currency.
The 30-percent fee on the purchase of foreign currency will not be in effect after February 1 in any case, says Belarus National Bank chair.
Children’s toy shops have been closed down this time.
Maksim Ryzhankou speaks out to defend the 5th Element retail chain, which is experiencing problems with the trade ministry regulations.
Economost Yaraslau Ramanchuk reckons the changes will affect the entire commercial banking sector.
The National Bank asked commercial banks to buy foreign currency higher than selling in an attempt to prevent a black currency market.
