Thursday, June 30, 2011

Belarusian state-owned banks are waiting for the devaluation of the Belarusian ruble to 65%

The average rate of purchase of state banks of Belarus of foreign currency in this country than the official 65%, wrote on Tuesday, the opposition Belarusian Internet resource "Charter 97". In a medium state-owned banks the most appropriate course for exporters of non-cash purchase dollar offers Belinvestbank - 5 100 rubles. If the transaction exceeds 20 thousand dollars, the bank is willing to offer a course 5,150 per dollar. In Belarusbank buy dollars in legal entities are ready for 4,800 rubles, and that's to sell - in 5000. This "unofficial" rate projected for the next two weeks. National Bank's official rate of the proposed amount exceeds the average by 65%. Therefore, lawyers are warning state-owned banks: operations are only possible as a result of individual negotiations with a legal entity and with the supplementary agreement. If the entity would request him to sell the currency should meet the bank's finance committee, which decides whether to even sell the firm or company dollars, enough important reasons specified in the declaration, according to National Statistical Committee. According to economist Irene Urban, pent-up demand for the currency such that the inflow of foreign currency is not enough to satisfy it. "Strengthening currencies in such a situation will not happen. In addition, will continue to decrease exports and imports. This will also affect employment. 600 thousand people stopped working, said National Statistical Committee. So, this is not the final figure, if you will continue to take such inefficient measures "- the expert believes. Source: Banki.ru

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