In October 2023, Belarusians continued to increase ruble deposits; lending to the economy continued to be carried out primarily in Belarusian rubles. About it testify National Bank data.
The volume of time ruble deposits of the population in October 2023 increased by 152.5 million rubles, or 2%, amounting to 7.6 billion rubles as of November 1. The average interest rate on new long-term deposits of individuals in Belarusian rubles in October 2023 increased by 0.2 percentage points compared to the previous month and amounted to 11.9% per annum, while on new time-term ruble deposits of the population as a whole the average interest rate was 8.9% per annum.
The volume of time currency deposits of individuals in October 2023 decreased by $32.9 million, or 1.1%, to $3 billion.
