Belarus Central Bank Says No Plans to Devalue Domestic Currency
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Belarus’s central bank said it has no plans for a “sharp” currency devaluation, according to a statement on its website today.
The regulator pledged to maintain its present currency management regime throughout this year, ensuring “gradual moves and predictability” of the Belarusian ruble, the Natsionalnyi Bank Respubliki Belarus said in the capital Minsk. The bank has sufficient resources to do so, it said.