Belarusian rouble exchange rate decreases by almost 80%

A bank source has informed ALE.BY about it.  The enterprise calculates the rate according to the following scheme: the National Bank’s exchange rate+ 10% of the allowed rated increase+ “marketing” services that banks are using to justify the high exchange rate. Thus, the exchange rate of the Belarusian rouble has decreased by 80% for enterprises. The catastrophic decrease of the rouble exchange rate will certainly affect the prices of imported and even Belarusian goods.

At the same time, the rouble exchange rate has increased from 3060 to 3074 on April 19 which is the new historical maximum, claims the National Bank. However, this dollar exchange rate does not satisfy anyone. There is no foreign currency in currency exchange offices and speculators do not sell dollars even for 3800 roubles.