Some banks in Belarus have begun to refuse to exchange Russian rubles, while others have fallen to one Belarusian ruble per 100 Russian. Belsat reports..
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Banks of the country set the exchange rate for the Russian currency within one Belarusian ruble per 100 Russian rubles.
" Thus, Belarusian banks save their foreign currency savings against the possibility that Russians will head en masse to Belarus to purchase foreign currency,"
At the same time, on Russian resources, the exchange rate is only 38.87 rubles per Belarusian ruble. And as of March 1, the exchange rate was indicated at the level of 29.
5 rubles per Belarusian ruble.
Interestingly, the first collapse of the Russian ruble against the Belarusian ruble occurred on the day of the Russian invasion of Ukraine. And although subsequently there were several periods when the ruble of the Russian Federation strengthened, distrust in the Russian currency, probably against the backdrop of Russia's military "
" Although, as you know, Belarus itself was subject to global sanctions.
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