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Belarus further liberalizing foreign currency market

It will soon be possible to buy foreign currency in Belarus without a passport. Thus, Belarus is going to abolish the requirement to register individuals making foreign currency exchange transactions at banks. 

The corresponding decree was signed by the Belarus President. The National Bank of Belarus was instructed to settle all formalities in a three-month period and take measures to implement the decree.

The foreign currency market in Belarus has been stable for months, with the Belarusian ruble strengthening against the major foreign currencies - the US dollar and the euro.

Belarus further liberalizing foreign currency market