BELARUS NEWS AND ANALYSIS

DATE:

31/03/2011

Belarus Deputy PM urges further rouble devaluation

MINSK, March 31 (Reuters) - Belarusian Deputy Prime Minister Sergei Rumas urged the central bank to allow the rouble BYR= to weaken beyond the current trading band which allows banks to quote it 10 percent below the official rate.

"Signals from the market indicate that this 10 percent deviation is not enough," Rumas was quoted by state news agency Belta as saying. (Reporting by Andrei Makhovsky; Writing by Olzhas Auyezov; Editing by Alfred Kueppers)

Source:

http://www.reuters.com/article/2011/03/31/belarus-rouble-band-idUSLDE72U20L20110331


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