14 October 2019, Monday, 17:23
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Belarus In Fourth Position In Currency Devaluation Level

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At year-end the Belarusian ruble has been listed as one of the less favorable currencies for investment.

According to evaluation of Bloomberg, over the year our money has gone down in value by 42%, Belsat informs.

The method of calculation by Bloomberg is not specified. According to the information of the National Bank of Belarus, in 2015 the Belarusian ruble depreciated against the currency basket by 35.84%. According to BelaPAN, the Belarusian ruble has gone down in value by 56.70% (from Br11,850 to Br18,569).

According to the results of 2015, the three world leaders in devaluation were the Azerbaijanian Manat, the Kazakhstani tenge and the Zambian kwacha. Alongside with the Belarusian ruble, the Argentinian peso closes the top five.

The Ukrainian hryvnia is the sixth in the list of devaluation leaders. It is included in the list for the second year in a row. It should be noted that the currency of the country at war turned out to be more stable than the currency of the stable Belarus.