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Belarus National Bank forecast 2017 inflation at 7%

The National Bank of Belarus forecast the 2017 inflation rate at no more than 7%. In the previous quarter, the inflation rate in Belarus was 6.5%.

Against this background, the Eurasian Development Bank improved its forecast for Belarus' GDP growth, taking into account the latest trends in the economy. 

The National Bank at the same time sold bonds for 25 million euros. Given the demand, the next auction will be held in late August.

Belarus National Bank forecast 2017 inflation at 7%