Belarus seeks emergency IMF loan

Belarus has asked for an emergency loan of up to $8 billion (5.5 billion euros) from the International Monetary Fund to stave off a financial crisis in the ex-Soviet republic.
That comes after the government massively devalued the local currency, the rouble, in a failed attempt to persuade banks and Belarussians to resume trading at official - rather than black market - rates.
The official inflation forecast is 39 percent, even with the price of food staples ordered frozen.
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www.euronews.net/

[@Rolando_Cueva]

Crazy times, 5000 BYN = one dollar