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Tuesday, 13 March 2012National bank introduces banknote of 200,000 Belarusian roubles
The banknote has been put into circulation on March 12, 2012. The 200,000-rubel note bears an image of the Mahiliou Regional Art Museum, a building erected between 1903 and 1914 and designed in a pseudo-Russian post-classical style. -
Wednesday, 9 November 2011Buying foreign currency even more difficult
Foreign currency shortage in Belarus has been addressed by the government with yet another controversial measure – to purchase dollars people have to present their passport and a document explaining why they need the currency. The new law came into force on Wednesday... -
Thursday, 20 October 2011Floating ruble dives down
uring today's session at Belarusian Currency and Stock Exchange ruble lost one third of its value. Despite previous announcements by Lukashenka that dollar's value will collapse, one dollar costed 8680 rubles, 35% more than the official rate.... -
Wednesday, 12 October 2011Anton Boltochka: inflation in Belarus reached 75%
The sky-rocketing inflation is to be blamed on a monetary policy of the government, thinks Anton Boltochka, a Belarusian economist. „The printing machines are working continuously. Since the beginning of the year, the authorities have printed billions of Belarusian rubles on a monthly basis. The money mostly goes to state-owned companies and as a welfare to various social groups. Currently, the... -
Monday, 10 October 2011Belarusian ruble weaker
Despite a governmental prognosis of strengthening the national currency, Belarusians still have to pay 8 thousand rubles for a dollar in an exchange office. The authorities have announced that dollar rate should go below 5 thousand rubles. Further more, the Belarusian president promised during a press conference that by the end of this year, people would have forgotten about the crisis at the... -
Monday, 19 September 2011Belarus is fighting with profiteering
To purchase foreign currency, Belarusian will have to present their passports, starting October 1st . - The software for that project is ready, but we still need to test it – informed Nadzieya Yermakova, the head of the National Belarusian Bank.... -
Monday, 12 September 2011Another step to deregulate currency market in Belarus
After the announcement about special session at Belarusian Currency and Stock Exchange to set the free market value of ruble, the central bank is taking another step to deregulate currency market. A law that obliges banks to sell currencies for a value at most 2% higher than the one imposed by the state, will be lifted. -
Friday, 9 September 2011Belarus to introduce free market rules on currency exchange
A rehearsal trading session was held yesterday, at the Belarusian Currency and Stock Exchange to test deregulating currency market. An additional trading session which will determine market value of ruble is scheduled for September 14th...... -
Tuesday, 24 May 2011Sirkhey Balykin: currency rate is underestimated
While the National Bank of Belarus fixed the exchange rate for a dollar at 5 thousand rubles, the real value of a dollar is between 6 and 7 thousand rubles... -
Wednesday, 11 May 2011Belarusian ruble value down by 65%?
Belarusian banks sell foreign currency at rates much higher than the official one, set by the National Bank, which is 3000 rubles for a dollar. It is impossible to obtain dollars at the official rate, both for individuals and companies....
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Wednesday, 16 May 2012Washington Times about Belsat
The Washington Times has published the article on... -
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