Refinancing rate reduced to 9.5%

The refinancing rate in Belarus will be reduced from 10 to 9.5% from August, 14. A corresponding decision was taken by the Board of the National bank after the sitting on the finance and credit policy. The new rate is a historical minimum for Belarus. In a week, the loans will be calculated according to the new rate. Further National bank's decisions on the key interest rates will depend on the relations between the inflation and deflation factors.