BGB's loan portfolio grew 22% in 9M09 mostly as a result of the devaluation of the Belarusian rouble
(BYR) reflecting a high share of foreign currency lending (63% of gross loans at end-Q309).
IMF assistance led to devaluation of the Belarusian Rouble
, forcing foreign owned telecom operators to raise tariffs.
ClickPress, Mon Sep 21 2015] Belarusian rouble
keeps getting stronger in 2013-2014, with less devaluation against major currencies.
USPRwire, Mon Aug 24 2015] The condition of the Belarus economy keeps improving in 2014, with the Belarusian rouble
getting stronger, with less drastic devaluation against major currencies.