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. Last Updated: 07/27/2016

Belarus Prints Money




MINSK, Belarus -- The Belarussian government has ordered the central bank to print 42 trillion Belarussian rubles ($150 million) in the second half of the year to stimulate faltering economic growth, a central bank official said.


"These funds will mostly go to fund housing construction," the official said. The 42 trillion rubles would raise total new money issued this year to 62 trillion rubles, compared to the previous limit for the year of 35 trillion rubles.