Updated at 14:52,24-02-2021

Raiffesein experts: Until the end of the year in Belarus will be one more devaluation

A slight devaluation in Belarus to the level of 9,000 rubles for the dollar will be conducted before the end of this year, experts of the Austrian bank Raiffesein think. The bank has published a forecast, according to it the devaluation tendencies in Belarus will intensify in the first quarter of 2012.

In March, the dollar may cost already 9550 rubles, for the spring-summer 2012 the Belarusian ruble are to overcome a psychological mark of 10,000, and in September 2012 it will fall in price till 10 650 for the dollar, they suggest in the bank.

In Raiffesein they think, in the next year the Belarusian economy will face stagnation. GDP growth is estimated at 0.0%. It will begin to gain momentum only in 2013 - up to 3%.