Unsustainable measures delay Belarusian ruble decline

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In this article

  • Borderline panic at retail FX markets
  • Illegal transactions
  • Transfers from ruble to FX savings
  • Central bank reserves remain steady
  • Headline reserves may be misleading
  • Accounting gimmicks
  • Unsustainable measures

What is this?

This article is from the Oxford Analytica Daily Brief, which analyses geopolitical, economic, social, business and industrial developments on a global and regional basis, providing clients with timely, authoritative analysis every business day of the year. Find out more about the Oxford Analytica Daily Brief, or request a trial.