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Thursday, 17 November 2011Average monthly income in Belarus – 145$
Belarusian Statistical Committee has published data on average income between January and September 2011. The monthly salary of a statistical Belarusian was 1 275 thousand rubles, which is roughly 145 USD...... -
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.... -
Monday, 17 October 2011IMF: Belarus is moving in the right direction
“The authorities’ policies to contain the crisis have been in the right direction.“ – said Chris Jarvis, head of the IMF mission to Belarus, during a press conference concluding a visit of IMF representatives in the country... -
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, 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...... -
Thursday, 18 August 2011Belarus threatened with 70% annual inflation rate
Belarusian economic expert, Irena Krylovich thinks that inflation will continue to increase in Belarus, currently reaching a level of 50%. The future fluctuation of inflation will be closely correlated to government’s decision whether to conduct another ruble devaluation. -
Monday, 18 July 2011Belarusian government promises 1000 USD salaries
Belarusian government promised their citizens to raise an average salary to a thousand dollars, according to a social and economic development program adopted for next five years. According to the plan, Belarusian living standard will come close to the European one and actually became much better at the end of 2015... -
Thursday, 16 June 2011Belarus unable to lower currency prices
Experts think that first tranche of Eurasian Economic Commonwealth credit for Belarus is not enough to stabilize domestic currency at the exchange rate of 5.000 rubles for a dollar...
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Wednesday, 16 May 2012Washington Times about Belsat
The Washington Times has published the article on... -
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