“From November 20, 2019, the refinancing rate is reduced from 9.5 to 9 percent per annum, the overnight loan rate from 10.75 to 10 percent per annum, the overnight deposit rate from 8.25 to 8 percent per annum,” press release of the bank.
The decision was made at a meeting of the National Bank on Monetary Policy on November 6, 2019.
In August, the Central Bank of Belarus reduced the refinancing rate from 10% to 9.5% per annum.