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Dollar Rised Beyond Br 20,000

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Dollar Rised Beyond Br 20,000
PHOTO: REUTERS

The ruble continued to fall against the US dollar at the trading in the Belarusian Currency and Stock Exchange on June 3, 2016.

According to the stock exchange, the US dollar rose by 86 rubles (0.43%) and amounted to Br 20,007.

The euro fell by 17 rubles (0.08%) to Br 22,309.

The Russian ruble increased by 0.81 rubles (0.28%) to Br 299.18.

Implementing the exchange rate policy, the National Bank uses the mechanism of pegging the Belarusian ruble to the currency basket in which the share of the Russian ruble is 40%, while the shares of the US dollar and the euro are 30% each.

The Belarusian ruble responds to the dynamics of the Russian ruble rate, which is affected by the world oil market. Brent crude prices held around $50 a barrel on Friday after the OPEC meeting, where producers failed to agree on output targets.

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