Prices in Belarus till end of 2017 to grow within forecast

The prices in Belarus till the end of 2017 shall grow within forecast limits – it is 6-7%. The record low inflation gives the National bank reasons to drive at further reduction of the refinancing rate. Deputy chairperson of the Board of the National bank Sergey Kalechitz does not rule out reduction of the key rate as early as this year. Yet the pace of reduction will be not as quick as it used to be. Over the current year, the refinancing rate has been reduced for 7 times. The last one took place last week. Since January, it has gone down by 6.5%.