The National Bank of Belarus to decide on further decreasing the refinancing rate

Today the National Bank of Belarus will resolve the issue of further decreasing the refinancing rate. The day before the management hasn't excluded its decrease, thus the rate might fall to a historical minimum of 10% by year-end. One of the arguments for the decrease is the low rate of inflation. It is expected that the increase in prices in 2018 won't exceed 6%. The refinancing rate in Belarus decreases for the third consecutive year. Today it makes up 10.5%.