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National Bank abrogates limitations in target purchase of currency by legal entities and individual entrepreneurs The National Bank of Belarus continued today liberalization of the financial market. Limitations in target purchase of currency by legal entities and individual entrepreneurs were abrogated. As of now, enterprises and businesspeople can purchase currency when necessary. The terms of its use is also not fixed. The legal entities and entrepreneurs will have just to to report the area...

Belarus’ gold and foreign exchange reserves exceeded $7.4 billion In November, Belarus increased its gold and foreign exchange reserves. As of the beginning of December, it amounted to more than 7 billion 400 million dollars with a growth of two tenths of a percent monthly. In general, since the beginning of the year, the reserves have grown by 50.5%. According to the regulator, this was achieved due to the receipt of foreign currency from export duties on oil and oil products and from the sale...