Lukashenka blames opposition for upcoming devaluation

The dictator assures the situation in the currency market has already settled down.

“I try to follow the situation in the currency market as much as possible. Of course, I am satisfied to see  we've already passed the turning point after this political turmoil and actions of our so called opposition which scared our people via the media and Internet thus creating devaluation expectations. We can say that the turning point was a week ago. The National Bank has strengthened the national currency in the last three days.  It is a good signal of strengthening the Belarusian ruble. That's what we should do,” Lukashenka said as he heard the report of PM Mikhail Myasnikovich, Interfax news agency informs.

The head of state also said, “We see that businessmen also changed their views. They begin to trade at the exchange rate set by the National Bank or even at a lower one.”

According to him, “our national currency should not be too strong in order to  keep the export afloat. But we should not weaken it for some political aims. The National Bank carries out the right policy.”

The head of state “ordered the government to take measures to consolidate positive tendencies in the currency market,” the presidential press service reports.

It should be reminded that the ruble-dollar exchange rate beat the record several times during the week while people rushed to close ruble saving accounts.