9 September 2025

Lukashenko: Monetary and forex situation in Belarus is stable

The situation in the monetary sector and with foreign exchange in Belarus is not a cause for concern, Belarusian President Aleksandr Lukashenko said at a meeting with the top management of the National Bank and other banks on 9 September, BelTA has learned.

Marking six months since the appointment of Roman Golovchenko the head of the National Bank, the president reviewed the progress on key tasks, which prioritized strengthening the banking system’s role in economy, accelerating the adoption of digital technologies, and bolstering information security.

“Reports indicate that the monetary and foreign exchange situation is generally secure. As of now, not everything has been done, some gaps remain,” the president said. 

Aleksandr Lukashenko addressed common public complaints against banks, like refusals to accept older U.S. dollars and the coercive bundling of insurance products. 

He issued a firm warning: “From 1 January 2026, any such instances will result in the automatic disciplinary liability of the bank’s CEO. It is unacceptable to burden people with far-fetched requirements. There is no need to pretend you are smarter than everyone else.”

belta.by