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. Last Updated: 07/27/2016

Belarus' Ruble Plans

MINSK, Belarus -- Belarus plans to introduce a single exchange rate currency mechanism and scrap administrative restrictions on currency transactions in August this year, Deputy Economy Minister Andrei Tur said Friday.

"We expect to come to a single, free rate in August this year," Tur said. "International financial organizations insist on it, and we see that it is necessary."