The refinancing rate is going down again
In Belarus, on April 3, the refinancing rate is reduced to 10.5% per annum, BelTA reported. This is the second time in a year that the refinancing rate has been reduced.
The refinancing rate is reduced from 11% to 10.5%. The overnight loan rate decreased from 12% to 11.5% per annum, the overnight deposit rate decreased from 10% to 9.5% per annum.
The refinancing rate was lowered by the National Bank. According to the data, trend inflation in Belarus is slowing down.
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