Minister of Economy refutes possibility of one-time devaluation
There is no reason for a one-time devaluation in Belarus. According to BelaPAN, the Minister of Economy Mikalai Zaichanka claimed it at a press conference in Minsk on May 5. Zaichanka noted that the devaluation was inevitable on January 2, 2009. According to him, the situation in the domestic market has become quite stable. The Minister noted that people have been exchanging dollars for roubles in currency exchange offices for quite a long period of time (about four weeks).