Belarus closes OTC market: Russian news agency Interfax with reference to the National Bank of the Republic of Belarus said that Belarus closed its OTC market until 2017. However, transactions with the National Bank will be carried out as usual. According to the Belarusian central bank, in two coming years no purchase and sale transactions will be made on the OTC market except for those with the National Bank. Interfax also added that on the currency stock exchange transactions will be made without any sum limitations. On the Belarusian Currency and Stock Exchange maximum purchasing exchange rate will be a compulsory information for a purchase bid. The countrys central bank says that this decision was made to prevent negative tendencies on the financial exchange market of the country, reduce currency demand on the Belarusian Currency and Stock Exchange, and also to slow considerably the outflow of the BYR-nominated deposits in banks.The material has been provided by portal MT5 - mt5
Posted on: Fri, 26 Dec 2014 07:23:57 +0000
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