BELARUS NEWS AND ANALYSIS

DATE:

12/12/2008

Belarus c.bank raises refi rate to 12 pct vs 11 pct

MINSK, Dec 12 (Reuters) - Belarus's central bank on Friday said it was raising its refinancing rate to 12 percent from 11 percent with effect from Dec 13.

The bank last raised rates by 25 basis points in November.

"The central bank intends in future to pursue a rate policy to ensure attractive conditions for savings in the national currency and to make bank resources for credits more accessible for consumers and industry," the bank said in a statement.

(Reporting by Andrei Makhovsky, writing by Ron Popeski, editing by Gleb Bryanski)

Source:

http://www.iii.co.uk/news/?type=afxnews&articleid=7067591&action=article

Google
 


Partners:
Face.by Social Network
Face.by