The refinancing rate is maintained at 7.75%

The refinancing rate remains at 7.75%, BelTA learned from the National Bank's information and public relations Department.

"The refinancing rate and interest rates on the national Bank's liquidity regulation operations remain at the current level. The relevant decisions were made by the national Bank's Board following the results of the monetary policy meeting on November 11, " the information and public relations Department reported.

The next meeting of the national Bank's monetary policy Board is scheduled for February 12, 2021.

As reported, from July 1, 2020, the refinancing rate was reduced from 8% to 7.75% per annum, the overnight loan rate - from 9% to 8.75% per annum, the overnight Deposit rate - from 7% to 6.75% per annum. On August 12 and October 14, the national Bank decided to keep rates at this level.