NBB May Increase Refinancing Rate by Year-End
OREANDA-NEWS On 10 December was announced, that Belarus may increase the refinancing rate in December, First Deputy Chairman of the National Bank of Belarus Pavel Kallaur told.
“I do not rule out that we may need to increase the key rate a bit more,” Kallaur said.
“We will see what the situation will look like in about two weeks and make the final decision,” he said.
Belarus’ refinancing rate was increased to 11% from 10.75% on November 12.
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