Today Belarus is facing a really strong financial crisis caused by exhaustion of foreign currency reserves. Under the circumstances the government devaluated Belarusian Ruble though it did not bring the way out from the crisis. As a matter of fact the USD/BYR rate is twice bigger now that it was few months ago. Moreover the black market would offer 20-30% better rates than the official banks. That’s why it’s possible to buy almost 2 times more goods and services in Belarus now with the same amount of USD or EUR.
