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Refinancing rate in Belarus

Refinancing rate in Belarus

19.07.2017 | 14:50

Belarus' central bank reduced the refinancing rate by one percentage point from 13% to 12% per annum on 19 July.

It is the six time the National Bank has reduced the refinancing rate this year.

13.08.2014 - 20%

9.01.2015 - 25%

1.04.2016 - 24%

1.05.2016 - 22%

1.07.2016 - 20%

17.08.2016 - 18%

18.01.2017 - 17%

15.02.2017 - 16%

15.03.2017 - 15%

19.04.2017 - 14%

14.06.2017 - 13%

19.07.2017 – 12%

The refinance rate is the rate of the National Bank of the Republic of Belarus which is a basic instrument of regulating interest rates in the money market and is the basis for setting interest rates on the operations involving liquidity provision to banks.

Source: The National Bank of the Republic of Belarus