20 Jun 2012 12:45

Nat'l Bank of Belarus lowers refi rate to 32%

MINSK. June 20 (Interfax) - The National Bank of Belarus (NBB) lowered its key refinancing rate from 34% to 32% on June 20, the bank told Interfax.

The NBB will also lower rates on standing facilities (overnight, swap) designed to support liquidity and on bilateral operations (lombard, swaps) to 50% from 55%.