Belarus cuts rates to record low as growth falters


The National Bank of Belarus plans to cut its policy rate by 50 basis points, to a record low of 9.5%, due to falling inflation.

The Belarusian central bank said the cut – the first for more than a year – will take effect from August 14 as the “the intensity of inflationary processes slowed down” and expects inflation to continue to fall. Data released today shows that annual core inflation has been slightly below the central bank’s target of 5%, falling from 4.9% in March to 4.8% in June.


Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here:

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: