MINSK, four September (BelTA) – The Nationwide Financial institution of the Republic of Belarus (NBRB) expects the scenario within the nation’s foreign money market to stabilize within the nearest future, head of the principle division of financial coverage and financial evaluation on the Nationwide Financial institution of the Republic of Belarus Dmitry Murin mentioned in an interview to the SB. Belarus Segodnya newspaper, BelTA has realized.
“The scenario within the foreign money market was slightly changeable in August. The sophisticated post-election public and political scenario brought about anxiousness among the many inhabitants concerning the stability of the economic system. This resulted in an elevated demand for foreign money. Till the late August demand for international foreign money from people was on a continuing improve,” Dmitry Murin mentioned.
Then authorized entities began buying international foreign money very actively. “It was clearly seen that this extra demand was linked neither with the manufacturing exercise of enterprises, nor with the necessity to repay international foreign money loans. Everybody determined to play ‘monetary roulette’. Evidently lots of them purchased the foreign money on the highest price for the second. In latest days there was no important extra of demand over provide on the buying and selling. Subsequently, there’s hope that the scenario within the foreign money market will stabilize within the close to future,” the consultant of the Nationwide Financial institution mentioned.