Belarus central bank to remove euro from currency basket weightings
2022.12.08 05:47
© Reuters. People wait outside the currency exchange office of a bank in Minsk October 13, 2011. The Belarussian rouble fell to its weakest point ever against the dollar on Thursday despite central bank interventions, a market source told Reuters. REUTERS/Vladimi
(Reuters) – Belarus’ central bank said on Thursday it will remove the euro from its currency basket used to calculate the official exchange rate for the Belarusian’ rouble.
The regulator said it was making the change – which will take effect from Monday Dec. 12 – due to a decline in the volume of trade between Belarus and the European Union.
The new official exchange rate will be calculated based on weightings of: 60% Russian rouble, 30% U.S. dollar and 10% , the central bank said in a statement.
