National Bank promises to return to market methods of work

The National Bank of Belarus has promised to take measures to strengthen market mechanisms to regulate the foreign exchange market as soon as begin to increase gold reserves.

"With the increasing need for reserves previously introduced measures to regulate transactions of purchase and sale of foreign currencies will disappear, and the National Bank Republic of Belarus take steps to strengthen market mechanisms of the foreign exchange market ", — said in a press release from the National Bank.

There's also been said that "is working to attract credit resources from the government of the Russian Federation and the EurAsEC Anti-Crisis Fund, as well as negotiations with major foreign investors on a number of investment projects."

National Bank expects that within 20-30 days of its receipt of money bills the Russian state credit.

As long as there is no money, NB imposing a moratorium on the adoption of new solutions in the monetary, exchange rate and monetary policy.

The Belarusian authorities appealed to the Government of the Russian Federation with a request to issue loans of 3 billion, in including 1 billion of public credit and 2 billion — of the EurAsEC Anti-Crisis Fund, Interfax reported.

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