The National Bank of Belarus cut down the refinancing rate to 10.5% per annum on 3 April 2023, BelTA learned from the National Bank. The refinancing rate was reduced from 11% to 10.5% per annum.
The interest rate on overnight loans decreased from 12% to 11.5%, with the interest rate on overnight deposits down from 10% to 9.5% per annum.
The corresponding decision was adopted by the Board of the National Bank on 24 March. “Inflation is within the projected parameters.
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