Showing posts with label Currency Converter Front Page. Show all posts
Showing posts with label Currency Converter Front Page. Show all posts

Thursday, July 14, 2011

The situation in Belarus with the contributions of stabilized

National Bank of Belarus announced the stabilization of the situation in June to bank deposits of citizens in the national currency, which declined in March against the background of the scale for a dozen years of financial crisis.

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The Belarusian state guarantees to individuals hundred percent guarantee on savings bank deposits, regardless of the amount and currency.
At the beginning of July, deposits in Belarusian rubles increased by almost 10% and reached 10.1 trillion. Foreign currency deposits continued to decline and fell by 240 million to $ 3.5 billion, reports Reuters.

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"The tendency for them (foreign currency deposits) reduction continued in June, although in the third week of the month the situation has stabilized ... So, if foreign currency deposits in May dropped to the equivalent of 469 million dollars in June to 240 million dollars", - says the report of the National Bank.
"According to preliminary information, time deposits continued to grow in the first ten days of July" - said the National Bank without giving reason.
Belarus is going through financial crisis in late May, devalued the ruble by 36%, resulting in a sharp surge in inflation, which reached 25% in five months.
In June of Belarus received the first tranche of the credit crisis fund controlled by Russia of the EurAsEC for $ 800 million and expects another $ 440 million by year's end.

Thursday, November 18, 2010

Currency Converter

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