by

exchange rates

S&P Improved Outlook of Belarusian Banks Credit Ratings

S&P Improved Outlook of Belarusian Banks Credit Ratings

Tighter conditions of fuel sales

Tighter conditions of fuel sales

Worsening of financial statistics in the real sector

Worsening of financial statistics in the real sector

Commercial banks tighten lending policies for population and business and de facto implement own exchange rate policy

Commercial banks tighten lending policies for population and business and de facto implement own exchange rate policy

Financial crisis develops into economic

Financial crisis develops into economic

The National Bank lifted its restrictions on currency exchange rates

The National Bank lifted its restrictions on currency exchange rates

Foreign currency exchange: expansion of the currency corridor

Foreign currency exchange: expansion of the currency corridor

Crisis of President Lukashenko’s legitimacy put on hold

Crisis of President Lukashenko’s legitimacy put on hold