National Bank reduces re-financing rate due to low inflation
The National Bank of Belarus will reduce its re-financing rate at 0.25 percent down to 10.5 percent per annum, effective from August 1, 2007.
The National Bank's press office said that low inflation contributed to the decision.
The lower re-financing rate aims to offer cheaper loans to the population and industries, reports Belta.
БЕЛТА
The National Bank's press office said that low inflation contributed to the decision.
The lower re-financing rate aims to offer cheaper loans to the population and industries, reports Belta.
БЕЛТА