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View Full Version : Belarus Ruble May Devalue 20% on Deficit, UniCredit, RBS Say - Bloomberg



NewsWhore
03-26-2011, 07:30 AM
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Belarus Ruble May Devalue 20% on Deficit, UniCredit, RBS Say (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNHZEllPF55CJvWNeVPXERtwd626JA&url=http://www.bloomberg.com/news/2011-03-24/belarus-ruble-may-devalue-20-percent-on-deficit-unicredit-says.html)
Bloomberg
The currency may depreciate 20 percent, according to UniCredit. Belarus devalued its currency by about a fifth in January 2009 after banks&#39; access to financing froze in the wake of the worldwide credit crunch and as demand for exports shrank. ...

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