BELARUS NEWS AND ANALYSIS

DATE:

31/03/2011

Belarus cbank says rules out sharp devaluation

MINSK, March 31 (Reuters) - Belarus' central bank said on Thursday it would not allow a sharp devaluation of the rouble BYR= and would continue to tighten monetary policy.

"The central bank completely rules out carrying out a significant one-off adjustment of the Belarussian rouble's exchange rate," it said in a statement.

"...The trend towards tightening monetary policy and curbing aggregate domestic demand continues." (Reporting by Andrei Makhovsky; Writing by Olzhas Auyezov)

Source:

http://www.reuters.com/article/2011/03/31/belarus-cbank-rouble-devaluation-idUSLDE72U1WS20110331


blog comments powered by Disqus



Partners:
Face.by Social Network
Face.by