Refinancing rate cut

The refinancing rate will be reduced for the sixth time this year in Belarus. The figure will go down to 9.5% per annum on June 28. This decision was made by the National Bank, taking into account the current situation in the economy. GDP is growing and the trend of slowing down inflationary processes persists. The regulator also notes a recovery in business activity and an increase in domestic consumption. Since the beginning of the year, the key rate has lost 2.5%.