Official: US dollar rate year-end target set at Br10700-10800

The US dollar exchange rate against Bealrusian ruble will reach Br 10700-10800 by the end of 2014, Belarus National Bank chairwoman Nadzeya Yermakova told Euroradio correspondent during a live phone conference.

Yermakova: “In our calculations, we are using the exchange rate of 10700-10800 by the end of 2014  so that our ruble "feels good" both nominally and realistically. We are going to continue our policy of gradual devaluation.”