Belarus's commercial banks adjusted rates of foreign currencies after the devaluation. Since the National Bank has restored + / -2% rate fixing restrictions on May 24, banks have set maximum allowable rates: U.S. dollar — Br5.029, euro — Br7.053, the Russian ruble — Br177.
Belarusbank has set the lowest rate among the banks, which have already established new exchange rates: U.S. dollar — Br5.000, euro — Br7.020, the Russian ruble — Br175.5.
As Telegraf previously reported, May 24, the National Bank has set official ruble-to-dollar of Br4.930, ruble-to-euro — Br6.914.82, the ruble against the Russian ruble — Br173.95, in relation to other foreign currencies — based on the cross rates of foreign currencies to the dollar.
Along with the new foreign exchange rate, the National Bank of Belarus is restoring rate fixing restrictions on May 24. Now limiting values of exchange rates for foreign currency purchase-and-sale and conversion on the OTC and cash market can only + / -2% differ from the National Bank rate (conversion — from the cross-rate, calculated on the basis of the official rate of Belarusian ruble to the respective currencies).
