Friday, October 28, 2011

In Belarus the foreign exchange deficit: the people on duty round the clock near the heat exchangers

Belarus introduced the actual restrictions on the sale of gold is now this and other precious metals can only be bought for hard currency, but not for Belarusian rubles, "Now the situation around the exchangers is similar to the siege: the people for days on end, almost lost hope, but it is not going anywhere wait at least someone who will pass the currency ", - the correspondent of the Interfax-West. Today the National Bank of Belarus has suspended the sale of precious metals in bullion (gold, silver, platinum) for Belarusian rubles. The site of the National Bank, under "Price list for buying and selling of precious metals, the price of their sale to individuals, legal persons and banks established in U.S. dollars only. Price repurchase bullion installed in Belarusian rubles. In the management of information NBB confirmed that the date of the sale of precious metals in bullion for Belarusian rubles discontinued. In anticipation of the devaluation in Belarus since March, remains speculative demand for currency. From the beginning, the country's foreign exchange reserves fell by 30%. IMF urges the Belarusian authorities to hold a significant devaluation. The devaluation has already happened in early 2009. Mindful of those events, the citizens began to transfer their savings into dollars and euros.

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