Belarus’ economy takes a hit. The political crisis in Belarus is gradually turning into an economic one. Several banks, including the Belarusian subsidiary of Sberbank, said that they would temporarily stop accepting loan applications from individuals. On Friday, the value of the Belarusian ruble continued to fall, while demand for foreign currency at exchange shops […]
Daily Memo: Economic Fallout From the Belarus Crisis
The country's currency and banks are feeling the effects of the political crisis.
