Belarus’s Lukashenko Calls for Interest-Rate Cut, STV Says

Belarusian President Aleksandr Lukashenko said the central bank should lower its benchmark refinancing rate, state-run STV reported, citing comments from a television interview.

The refinancing rate of the National Bank should gradually decrease, he said, the TV channel reported today on its website.

The central bank raised the refinancing rate by five percentage points to 45 percent Dec. 12, the highest in the world according to data compiled by Bloomberg.

To contact the reporters on this story: Jack Jordan in Moscow at jjordan22@bloomberg.net; Aliaksandr Kudrytski in Minsk, Belarus at akudrytski@bloomberg.net

To contact the editor responsible for this story: Gavin Serkin at gserkin@bloomberg.net

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