National Bank will repeal a 30-day reservation of funds in Belarusian rubles to buy foreign currency at the Belarusian Currency Stock Exchange on April 1, 2011. The decision was taken on the basis of the Resolution № 89 of the National Bank of Belarus of March 22, 2011, reported in the management of the National Bank.
«In accordance with the Resolution № 89 of the National Bank of the Republic of Belarus of March 22, 2011, a 30-day reservation of funds in Belarusian rubles to buy foreign currency at the Belarusian Currency Stock Exchange will be repealed on April 1, 2011,» reported in the main bank of the country.
Thus, reservation of funds by banks to purchase foreign currency will be carried out in the former regime from April 1, 2011 — one working day prior to bidding. In this case, satisfaction of requests to purchase foreign currency in the course of trading will be done within the total amount of bids to sell foreign currency, taking into account the following priority of purchased foreign currency: payment for medications, natural gas, delivered to the republic, repayment of loans in foreign currency and other purposes.
As Telegraf previously reported, restrictions on the currency purchase were introduced on March 16. Earlier, the chairman of the National Bank of Belarus Petr Prokopovich also said that earlier restrictions, imposed on reservation of funds to purchase foreign currency at the exchange auctions, would be lifted.
