The National Bank of the Republic of Belarus lowered its overnight credit rate by 25bps to 9.75 percent during its February meeting, in an attempt to support the economy amid low inflationary pressures. Annual inflation held steady at a near 1-1/2-year low of 4.7 percent in January, in line with policymakers' goal to reduce the rate to up to 5 percent by the end of 2020. Belarus Overnight Credit Rate - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.
Lending Rate in Belarus averaged 36.59 percent from 2000 until 2020, reaching an all time high of 110 percent in November of 2000 and a record low of 9.75 percent in February of 2020. This page provides - Belarus Overnight Credit Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news.
Lending Rate in Belarus is expected to be 9.75 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Lending Rate in Belarus to stand at 9.75 in 12 months time. In the long-term, the Belarus Overnight Credit Rate is projected to trend around 9.25 percent in 2021 and 8.75 percent in 2022, according to our econometric models.