NB: No need for alternative stock exchange

The National Bank of Belarus rejected the idea of spending more currency trading on the exchange.

"The National Bank reports Now that there is no need to introduce an additional session at the auction of "Belarusian Currency and Stock Exchange" — Interfax reported with reference to the National Bank.

"Opening the alternative, with respect to the substantive session of the auction requires considerable preparatory work of a technical nature, and create all the conditions necessary for sustainable and effective functioning of the extra session," — explained in the National Bank.

It will be recalled that in the early last week first vice-chairman National Bank of Moscow Luzgin and Deputy Prime Minister S. Roumas officially announced that an additional session of currency exchange on which the course will be determined freely, will begin its work this week. Roumas Reuters in an interview said even more precisely — that additional monetary session at the Belarusian Currency and Stock Exchange will open on Tuesday, Wednesday, and the dollar exchange rate on it is projected in the range of 3.800-4.100 BYR / USD.

But, as the newspaper notes, "Belarusians and Market," the real deal in the middle last week were already at the rate of more than 5 thousand BYR / USD.

However, according to the newspaper, on Friday OTC market has completely stopped. Bankers are referred to the next "word of mouth" of the National Bank of 21 April: The maximum level of the dollar over the counter should not exceed 4.5 thousand BYR / USD.

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