The Belarusians believe that the government does not play games with them as the authorities decided on the transition to the floating exchange rate of the national currency, Belarusian president Alyaksandr Lukashenka said at the meeting with Chairman of the Board of the National Bank Pavel Kalaur on Tuesday.
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In January-August Belarusians sold $362 million more than they bought. As for legal entities, the demand for foreign currency was higher than its supply only in August because of the need to repay foreign currency loans, state-run news agency BelTA reports.
“Due to the fact that we have moved to the floating exchange rate and stopped to hold the exchange rate fixed against other currencies, we showed to the people that we are not going to play games with them. And this is right, we must adhere to this policy,” Lukashenka said.
According to the Belarusian leader, people can buy everything for Belarusian rubles in Belarus.
In his opinion, the National Bank and the government should not pay attention to the criticism of their manual mode of economic management.
“You can choose any mode you like to produce results. There is no time to complain,” Lukashenka stressed.
“Probably, we will face even more difficult times, and let’s hope that we will cope with them like we are doing today. The situation in the world does not depend on us. We should adjust to it,” he added.
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