The National Bank of the Republic of Belarus raised its refinancing rate by 500 basis points to 40.00% from 35.00%. The Bank said [translated]: "Another increase in the refinancing rate and interest rates on liquidity management operation is a sequential step to curb inflation and stabilize the economy and financial sector in general. Dunn's measure will also support renewed growth in...
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Reactions to Belarus Central Bank Increases Rate 500bps to 40.00%
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