exchange rates
-
Exchange Rates, Imports of Intermediate and Capital Goods and GDP Growth in Belarus
The paper analyses the short-term and long-term effects of the imports of intermediate and capital goods on Belarusian economic growth for the period 2005 to 2015 taking into account large upward and downward exchange rate adjustments of the Belarusian ruble.
BEROC. Belarusian economic research and outreach center -
The mechanism of adjustment to changes in exchange rate in Belarus and its implications for monetary policy
Knowing the fair value of the Belarusian ruble is one of the most vital issues for economic agents in 2011. In the second half of 2010 an aggressive expansionary policy led to significant macroeconomic fluctuations. Since then, the pressure for the currency market has been progressing.
BEROC. Belarusian economic research and outreach center