The National Bank of the Republic of Belarus held its refinancing rate at 10 percent on September 19th, saying external conditions were creating inflationary risks. Policymakers voiced concerns over the prospect of a global trade war and the imposition of fresh sanctions against Russia, which in turn led to a sharp devaluation of the Russian ruble. The Belarusian annual inflation rate hit the central bank's mid-point target of 5 percent in August, and is expected to average 5.5 percent until the end of the year. Interest Rate in Belarus averaged 48.90 percent from 1991 until 2018, reaching an all time high of 480 percent in November of 1994 and a record low of 10 percent in December of 2006.

Interest Rate in Belarus is expected to be 10.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Interest Rate in Belarus to stand at 9.00 in 12 months time. In the long-term, the Belarus Interest Rate is projected to trend around 8.50 percent in 2020, according to our econometric models.

Belarus Interest Rate
Forecast Data Chart
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Calendar GMT Actual Previous Consensus TEForecast
2018-12-19 02:00 PM Interest Rate Decision 10% 10%

Belarus Money Last Previous Highest Lowest Unit
Interest Rate 10.00 10.00 480.00 10.00 percent [+]
Money Supply M0 2793.45 2851.21 2851.21 0.00 BYN Million [+]
Money Supply M1 7241.15 7624.58 7624.58 0.00 BYN Million [+]
Money Supply M2 14816.36 15595.13 15595.13 0.00 BYN Million [+]
Money Supply M3 40819.98 41225.69 41225.69 0.00 BYN Million [+]
Foreign Exchange Reserves 7439.90 7107.60 8329.50 399.70 USD Million [+]
Deposit Interest Rate 8.00 8.00 70.00 3.00 percent [+]
Lending Rate 11.50 11.50 110.00 11.50 percent [+]
Cash Reserve Ratio 4.00 4.00 16.00 4.00 percent [+]
Banks Balance Sheet 67792352.00 64121444.00 67792352.00 58869205.00 BYN Thousand [+]

Belarus Interest Rate

In Belarus, interest rate decisions are taken by the National Bank of the Republic of Belarus. The official interest rate is the refinancing rate. This page provides the latest reported value for - Belarus Interest Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Belarus Interest Rate - actual data, historical chart and calendar of releases - was last updated on December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
10.00 10.00 480.00 10.00 1991 - 2018 percent Daily

Country Last Previous
Argentina 59.16 Dec/18
Turkey 24.00 Oct/18
Mexico 8.00 Nov/18
Russia 7.50 Oct/18
South Africa 6.75 Nov/18
Brazil 6.50 Oct/18
India 6.50 Dec/18
Indonesia 6.00 Nov/18
China 4.35 Oct/18
Saudi Arabia 2.75 Oct/18
United States 2.25 Nov/18
Canada 1.75 Dec/18
South Korea 1.75 Nov/18
Australia 1.50 Dec/18
Singapore 1.45 Oct/18
United Kingdom 0.75 Nov/18
Euro Area 0.00 Oct/18
France 0.00 Oct/18
Germany 0.00 Oct/18
Italy 0.00 Oct/18
Netherlands 0.00 Oct/18
Spain 0.00 Oct/18
Japan -0.10 Oct/18
Switzerland -0.75 Oct/18