Updated at 13:45,15-04-2024

Most filling stations banned from accepting payment in foreign currency

"BelaPAN"

The Belarusian authorities have reduced the number of filling stations where motorists can pay in foreign currency to a minimum with a view to preventing the dollarization of the economy, the National Bank said in a June 3 statement.

The National Bank said that it was moving to restrict the use of foreign currency in settlements between Belarus residents in order to "secure the Belarusian rubel’s steady exchange rate and reduce the level of the economy’s dollarization."

Filling stations along the few major highways that run across Belarus and near border crossings have been allowed to continue selling gasoline for foreign currency, according to the National Bank.