ANNOUNCEMENT 01 Aug 2016In August 2016, the government of Belarus announced a rule change for commercial cross-border financial flows.
NUMBER OF INTERVENTIONS
e 1 2016 . 424 ? 13 2006 . 129?
The National Bank of Belarus (according to Decision No. 424, dated 1 August 2016, entitled "On Amendment of Decision No. 129 of the Board of the National Bank of the Republic of Belarus of 13 September 2006) took the decision as of 1 September 2016 to reduce the value of the mandatory sale of foreign currency for Belarusian exporters to 20 % of the revenues, they receive in foreign currency. Previously, the value of the mandatory sale was set at 30 %.