Economy

The head of state on Thursday held a meeting with the government to discuss Russian currency crisis' effects on Belarus.

Banks in Minsk are selling US dollars at Br 11260-11280 on Thursday, December 18.

Our country will not follow Russia, the Belarus leader said at a meeting with the government in the light of the currency crisis in Russia.

The Russian rouble collapse and its effect on the Belarusian economy will be discussed at the meeting at the office of the president.

The record drop in oil prices will reduce Belarus' revenues from oil export duties.

The Russian Ambassador to Belarus has reported the decrease at a press conference in Minsk today.

The contract details are yet to be released.

Russian ruble collapsed on the stock exchange from 58 to 81 RUR to the dollar.

In 2015 Belarusians will likely pay full cost of electricity.