Belarusian ruble continues to fall vs. dollar

• 5.01.2009, 12:52

The US dollar rose from 2,650 to 2,655 rubels as a result of Monday’s trading at the Belarusian Currency and Stock Exchange (BCSE).

The demand totaled $57.159 million, whereas the supply was $37.954 million, with all deals totaling $48.182 million.

On January 5, the euro’s rate at the BCSE fell from 3,703 to 3,636 rubels.

The demand totaled €41.253 million and the supply amounted to €39.288 million, with all deals totaling €39.288 million.

There was no trading in the Russian ruble at the BCSE on Monday.

That was the first trading day of the new year. On January 1, the National Bank devalued the Belarusian rubel against the dollar by 20.45 percent from 2,200 to 2,650. The value of the euro increased by 20.34 percent from 3,077.14 to 3,703 rubels. The Russian ruble rose by 17.26 percent from 76.89 to 90.16 rubels, and the Ukrainian hryvnia by 20.45 percent from 273.29 to 329.19 rubels.