National Bank of Belarus reduces refinancing rate

This time it reduces it by 1.5 points. Starting Monday June 10 the value will amount to 23.5 %. The fourth reduction for this year became possible due to deceleration of inflation. It is a reminder that in the spring the Head of State gave bankers a task to provide economy and the population with loans available. Until the end of the year they plan to reduce the refinancing rate by 13-15 % per annum.