Belorussian business portal, information about the enterprises of Belarus: classified ads, products and services.

User Login

Archives

2017
October
ПонВтСрЧетПятСубВоск
      1
2345678
9101112131415
16171819202122
23242526272829
3031     

Advertisements

   

Catalogues

Product name
Company name
 
 

News


No collapse of Belarusian ruble, Alexander Lukashenko says

Belarusian Head of State Alexander Lukashenko assured that the Belarusian ruble will not collapse. The President made such a statement as he paid a visit to the Lidselmash company in the Grodno oblast on February 10, BelTA informs. “Manufacturers would like the ruble to devalue by another 20%. But we have promised the people not to devalue the currency and we will keep the promise. Let them seek additional opportunities to reduce the prime cost of products. Manufacturers insist on the collapse during any crisis. But there are ten millions of Belarusians. We have devalued the ruble by 20% and explained why we did so. Russians have already devalued their ruble by 40%,” the Belarusian leader stressed. Alexander Lukashenko noted that natural gas, energy and metal have become cheaper. Therefore, the President believes, it is necessary to seek ways to reduce expenditures, cut the prime cost of products. “There will be no collapse, no one-off devaluation,” the President assured. The National Bank is on firm ground, the gold and foreign currency reserves are sufficient. We used around 15-17% of them during the most difficult period in order not to collapse. We have restored them back. Plus a $1 billion loan from Russia. Why do we have to devalue the national currency? We need to work in these conditions. Therefore, there will be no one-off devaluation. There is no need for that,” the President said. The President added that Belarus is now suffering losses because Russia is devaluing its currency much faster. “But we will compensate for that from other sources. We have reserves and we will use them,” the President said.
www.belta.by


Back to "All news" |   Print version
"Business-Inform" Ltd. All rights reserved. Using these sources you agree to our Terms and Conditions
Legal information

Каталог TUT.BY Rating All.BY Рейтинг@Mail.ru АгроПоиск - аграрная поисковая система