Belarus devalues its currency

Author (Person)
Series Title
Series Details 25.5.11
Publication Date 25/05/2011
Content Type

Belarus lowered its official exchange rate against the dollar by 36% on the 24 May 2011, but analysts questioned whether even such a radical step would be enough to resolve the country’s balance of payments crisis.

Related Links
ESO: Background information: Putin offers Belarus a $3bn bail-out http://www.europeansources.info/record/putin-offers-belarus-a-3bn-bail-out/

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