National Bank lowers obligatory sale of currency returns to 40%
Enterprises had to sell 50% of their currency returns in the last two months.
The National Bank has decided to decrease the limit of obligatory sale of currency returns to 40%, BELTA reports. The National Bank signed the corresponding order on February 19. It will come into force on February 25.
The norm of obligatory sale of currency returns used to total 50%. It was introduced on December 19, 2014 when problems in the currency and financial markets started in Belarus and the rouble exchange rate decreased by almost 30%.
Photo: tut.by
