Belarusian Ruble


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Belarusian Ruble

The currency of Belarus. It was issued in 1992, existing alongside the Soviet ruble for several months but eventually replacing it. It has been subject to high inflation. For most of its history, the currency has been variously tied to the U.S. dollar and the Russian ruble.
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References in periodicals archive ?
Banks' asset quality and capital adequacy are also likely to worsen, with the economic slowdown and recent sharp depreciation of the Belarusian ruble having negatively affected the ability of many corporate borrowers to service their loans.
The EEU countries could switch to national currencies (ruble, Belarusian ruble, Kazakhstani tenge and Armenian dram) in mutual payments by 2025-2030, the chairman of the board of directors of Russia's National Payment Council, Alexander Murychev told the newspaper.
Consumer price inflation will increase from an estimated 15.0% year-on-year (y-o-y) at end-2013 to 18.0% y-o-y by end-2014 on the back of continued depreciation of the Belarusian ruble, exacerbated by a negative trade balance.
The procedures for making provisions by banks to cover potential losses on the special portfolios of homogeneous credits in the case of excess of the interest rate on credits granted to legal persons in Belarusian rubles over the level set by the National Bank, will be tightened as well.
Trade Capital Bank is Belarus's 12th-largest lender with about 1.9 trillion Belarusian rubles ($224 million) in assets as of Oct.

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