Economy

Belarusian ruble pauses decline as strengthening Russian ruble stabilizes FX market

Belarusian People's Bank. Illustrative photo: LookByMedia
Belarusian People's Bank. Illustrative photo: LookByMedia

A sufficient volume of foreign currency supply remains on the Belarusian currency market. Increased demand from enterprises is compensated for by the population and non-resident companies. The decline of the Belarusian ruble against the US dollar paused due to the strengthening of the Russian currency.