The National Bank of Belarus does not plan to lower the refinancing rate in the near future
June 15, Minsk / Lilia Krapivina - BELTA /. The National Bank of Belarus is not considering lowering the refinancing rate in the near future. This was announced today to journalists by the Chairman of the Board of the National Bank, Petr Prokopovich, reports BELTA correspondent.
The refinancing rate will change in accordance with the main directions of monetary policy, Petr Prokopovich noted. According to the main directions of monetary policy, it should be 9-12% in 2010. "We already have 12%," he stressed. "Further changes in the refinancing rate will depend on the inflation rate. As inflation decreases, the refinancing rate will also decrease."
Recall that the National Bank of Belarus lowered the refinancing rate from May 12 of this year by 0.5 percentage points to 12% per annum.-0-