Prime rate goes down
The prime rate has gone down to 20% today, on August 13.
The decision to decrease the prime rate was made by the National Bank on the basis of special trends in the country’s monetary policy, BelTA reports. The foreign currency supply exceeds the demand in the internal market and there is an influx of physical entities’ rouble deposits in banks.
The prime rate decreased in Belarus by 1% on July 16 last time – to 20.5%. It is the fourth prime rate decrease this year.