MINSK, 15 January (BelTA) – The National Bank of the Republic of Belarus (NBRB) has further suspended its permanently available operations designed to replenish and withdraw liquidity through 18 May 2021, BelTA learned from the Information and Public Relations Office of Belarus' central bank.
The measure is designed to preserve the central bank's effective control of the money supply.
The central bank will support liquidity of commercial banks by arranging monthly auctions to lend money for six months. The actions will take place on the first day of the reserve requirements fulfillment period. Apart from that, seven-day credit auctions will be arranged if necessary and depending on current liquidity in the banking system.