National Bank: Chinese Yuan to join currency basket from July 15th
The Board of the National Bank of Belarus has decided that from July 15th, the Chinese Yuan will be added to the basket of foreign currencies – as reported by the Information and Public Relations Department of the National Bank of Belarus
It was also decided to set the following currency weightings: 50 percent – for the Russian Rouble, 30 percent – for the US Dollar, 10 percent – for the Euro, and 10 percent – for the Yuan.
According to the Information and Public Relations Department of the National Bank of Belarus, when making this decision, the change in the structure of foreign economic flows and trading volumes in these currencies at the Belarusian Currency and Stock Exchange (BSCE) that took place this year, was taken into account.
Since the Chinese Yuan joined the currency basket, the official exchange rate of the Belarusian Rouble against it, as well as against the US Dollar, Euro and Russian Rouble, will be established based on the results of the BSCE trading.
