National Bank

Nadzeya Yermakova appointed to head National Bank

Alyaksandr Lukashenka on July 27 signed a presidential edict appointing Nadzeya Yermakova chairperson of the board of the National Bank of Belarus...

National Bank claims that unwelcome trends in exchange market have stopped

The development of \"unwelcome trends\" in Belarus` exchange market has stopped, the National Bank of Belarus (NBB) said in a statement on Friday...

National Bank chairman back on job after heart surgery

  Pyotr Prakapovich, chairman of the National Bank of Belarus (NBB), returned to his duties on May 18 after recovering from heart surgery, the NBB press office said on Monday.

National Bank will not tap reserves to supply banks with foreign currency, spokesman says

  The National Bank of Belarus (NBB) will not tap its reserves to sell foreign currency to trading banks, a NBB spokesman told BelaPAN on Wednesday.

National Bank lets rubel float in cash market

The National Bank of Belarus (NBB) has allowed a free float of the Belarusian rubel in the cash market amid a deepening foreign currency...

Exchange rate restrictions lifted in interbank market

The National Bank of Belarus (NBB) has abolished a requirement that banks buy and sell foreign currency from and to economic entities...

National Bank suspends sales of precious metals for Belarusian rubels

  The National Bank of Belarus (NBB) has suspended retail sales of ingot gold, silver and platinum for Belarusian rubels.

National Bank declares temporary moratorium on additional foreign exchange restrictions

\"Will not implement new decisions in the specified period, but at the same time we will not revoke those made previously\"...

National Bank head questions export surplus plans

The head of the National Bank of Belarus (NBB) on Tuesday called into question the government\'s ambitious plans to secure an export surplus in 2015...

National Bank head downplays threat of economic sanctions

“The introduction of economic sanctions in the 21st century is simply preposterous to say the least,” Mr. Prakapovich told reporters...

National Bank head questions EU`s reluctance to invest in Belarus

Pyotr Prakapovich, head of the National Bank of Belarus (NBB), said that he “does not understand” the European Union’s re

National Bank plans no restrictions on foreign cash purchases by individuals

The National Bank of Belarus (NBB) has no plans to impose restrictions on purchases of foreign currencies by individuals, NB

Gross foreign debt tops $23 billion

The gross foreign debt rose to $2,447 per capita on July 1 from $2,327 on January 1 and $1,596 at the beginning of 2009...

Shortage of foreign currencies remains serious problem, says National Bank head

The increasing shortage of foreign currencies in the Belarusian foreign exchange market remains the most serious problem for the banking system, Pyotr Prakapovich, head of the National Bank of Belarus (NBB), said at a meeting held by Alyaksandr Lukashenka on Friday to disc

National Bank to lower refinance rate to 11 percent

The stable economic situation in the country and low inflation have made it possible to cut interest rates, the press office explained.

No specific steps taken to introduce single currency for Customs Union payments

Pyotr Prakapovich, head of the National Bank of Belarus, has expressed concern about what he called the lack of any specific steps to use a single currency for settling payments in the Customs Union of Belarus, Kazakhstan and Russia, as quoted by

Upper parliamentary house gives consent to appointment of three new members to National Bank board

The Council of the Republic (upper house of the Belarusian National Assembly) on June 15 gave its consent to the appointment by Alyaksandr Lukashenka of three new members to the board of the National Bank of Belarus (NBB),

National Bank warns against rapid rise in external debt amid wide foreign trade gap

The National Bank of Belarus (NBB) has warned that a rapid increase in the country's external debt amid its wide foreign trade deficit would make the economy more vulnerable and threaten its economic stability and solvency,

National Bank head downplays weakening of Belarusian rubel against dollar

On March 25, the US dollar for the first time ever crossed the mark of 3,000 Belarusian rubels...

Belarusian rubel to be stable next year, head of National Bank says

The Belarusian rubel will be stable next year, Pyotr Prakapovich, head of the National Bank, said at a meeting held by the Council of Ministers’ Presidium...

National Bank reiterates its promise not to devalue rubel

The National Bank of Belarus (NBB) has reiterated its promise that no sharp devaluation of the national currency will occur by the end of this year or in 2010...