Economy

Commercial banks are afraid that massive fraud may follow.

February 4 news from the Belarusian Stock Exchange.

The devaluation hit the export of construction materials most of all.

A Euroradio reporter has photographed half-empty shelves in Euroopt.

Banks kept the fee that individuals paid for the purchase of dollars and euros in exchange offices as compensation.

They also lost $200 million due to the sharp devaluation of the Russian ruble.

Head of the Belarusian Union of Entrepreneurs Alyaksandr Kalinin has announced that Belarus needs redenomination.

The Belarusian President is giving a press conference in Minsk Independence Palace.

But they will not go bankrupt. The National Bank has ordered the banks to sell the foreign currency bought at the stock exchange in exchange offices.