Rubel keeps hitting record lows against US dollar
November 4, Pozirk. The rubel has depreciated to 3.3269 against the US at the November 4 trading session of the Belarusian Currency and Stock Exchange (BCSE).
The rubel also fell to 4.7017 per 10 Chinese yuan but climbed to 3.4155 per 100 Russian rubles. It has not traded against the European currency and remained at 3.6216 against the euro.
Last week (October 28–November 1), the rubel lost 0.72 percent against the dollar, 1.1 percent against the euro and 0.57 percent against the yuan, but gained 0.02 percent against the Russian currency.
The Belarusian currency lost 4.44 percent against the dollar in the first 10 months of 2024.
Currency weakening not harbinger of collapse – expert
November 4, Pozirk. Anatol Charytončyk, a senior researcher with the BEROC think tank, has dismissed fears of an imminent sharp currency depreciation in Belarus. The Belarusian government has gained enough experience in dealing with economic issues despite its reliance on …