Central bank to cut base refinance rate to 9.25 percent on June 1

May 20, Pozirk. Belarus’ central bank will cut the base refinance rate from 9.75 percent to 9.25 percent, its board has announced. Raman Hałoŭčanka, head of the National Bank of Belarus (NBB), linked the move to a stable macroeconomic trend.

The National Bank of Belarus (NBB) has also announced that the overnight rate will be cut to 10.75 percent.

The NBB raised its base refinance rate to 9.75 on June 25, 2025.

Economy

Economy

Central bank head expecting inflation to slow in March

April 4, Pozirk. Raman Hałoŭčanka, head of the National Bank of Belarus, is expecting annual inflation to slow from 5.6 percent in February to 5.4 percent in March. In a televised interview, he said that a rise in fuel prices …

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