The devaluation in Belarus

New foreign currency exchange rates will be announced after ‘Black Friday’.

The shadow money market may appear in Belarus due to the yesterday’s innovation of the government and the National Bank.

Belarus introduces 30 percent commission fee for purchase of foreign currencies.

Commercial banks provide this date as indicative.

It was announced by First Deputy Chairman of the National Bank.

The deputy PM has made a report about the economic situation for senators and MPs today.

The queues at the railway station were relatively small – about a few dozen people were waiting for foreign currency at midnight.

It used to be the only way to buy foreign currency without queuing until the morning of December 19.

The Belarusian rouble exchange rate will be decreased by 10%.