OREANDA-NEWS. On 19 October 2015, the city of Pskov hosted a regular meeting of the Interbank Currency Council of the Central Bank of the Russian Federation and the National Bank of the Republic of Belarus.

The meeting was attended by Elvira Nabiullina, Governor of the Bank of Russia, Pavel Kallaur, Chairman of the Board of the National Bank of the Republic of Belarus, and representatives of the central banks of both countries.

The Council discussed the current economic situation and the guidelines of the monetary policy of the Russian Federation and the Republic of Belarus for 2016. The parties exchanged information on the models they use to estimate the equilibrium exchange rate, on the dynamics of international reserves and on foreign currency liquidity.

Also, the meeting participants discussed perspectives for the development of the payment card market in the Republic of Belarus and the Russian Federation, state regulation of rating agencies in the Russian Federation and the prospects to set up rating agencies in the Republic of Belarus and their regulation.