Friday 26 July 2013

Belarus heads for default - Charter'97 :: News from Belarus

Belarus heads for default - Charter'97 :: News from Belarus - Belarusian News - Republic of Belarus - Minsk:

"
Ukrainian and Russian experts predict the collapse of Belarus's economy.

The interest rates in interbank ruble credits have been continuing to grow rapidly since July 12.

According to the data of the National Bank on July 24, the average rate in one-day credits in the national currency for residents reached 65% and the volume of trade was Br224 billion. To compare: the average rate was 50.5% and the trade volume was 224 billion rubles on July 22; the average rate was 46.4% and 41.9% and the volume of trade was 287.5 billion and 601.5 billion rubles on July 19 and July 18 respectively."

'via Blog this'

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