Euro forex rate climbs over Br4000
Meanwhile, banks have set maximum US dollar buying rates in order to refill their currency reserves.
Priorbank sells euros at 4040 rubels today; Belinvestbank -- 4030; BelSwissBank -- 4028; BTA Bank -- 4010.
At the same time, the difference between the US dollar buying and selling rates remains insignificant. In the view of economist Siarhei Chaly, banks are trying to refill their dollar reserves by setting high buying rates.
“Under the regulation, the currency selling rates should not differ by more than 2 percent from the rate of the National Bank. Banks raise the upper margin plus 2 percent and increase the selling rate hoping that people will sell their dollars to them”.
For instance, at some banks one can sell the dollar at Br2835 and buy for Br2836.
Priorbank sells euros at 4040 rubels today; Belinvestbank -- 4030; BelSwissBank -- 4028; BTA Bank -- 4010.
At the same time, the difference between the US dollar buying and selling rates remains insignificant. In the view of economist Siarhei Chaly, banks are trying to refill their dollar reserves by setting high buying rates.
“Under the regulation, the currency selling rates should not differ by more than 2 percent from the rate of the National Bank. Banks raise the upper margin plus 2 percent and increase the selling rate hoping that people will sell their dollars to them”.
For instance, at some banks one can sell the dollar at Br2835 and buy for Br2836.
