BELARUS NEWS AND ANALYSIS
DATE:
23/03/2011
Belarus cbank to restart some FX sales from April 1
MINSK, March 23 (Reuters) - The central bank of Belarus said on Wednesday it would resume foreign currency sales to banks from April 1 without the need for 30 days advance notice, but will prioritise requests for key needs such as medicines.
"Requests for the purchase of foreign currency ... will be met within the limits of total bids for the sale of foreign currency," the central bank said in a statement.
The statement added that priority would be given to foreign currency purchases "for payment for medicines, for supplying the country with natural gas, for paying back debts in foreign currency and for other uses". (Writing by Toni Vorobyova, editing by Douglas Busvine)
Source:
http://www.reuters.com/article/2011/03/23/belarus-cbank-forex-idUSLDE72M1B420110323
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