The National Bank of Belarus will resume the normal practice for providing foreign currency to lenders, The Wall Street Journal reports. The move comes a day after the nation held talks with Russia for a $3 billion loan to help avert a devaluation of the Belarussian ruble. Belarus is expected to have received the $3 billion it sought from Russia, with $1 billion coming from a direct loan and $2 billion from a Russian-led fund for former Soviet states. On March 22, the central bank had said it will stop sales of foreign currency to local banks.
Click here for the story from The Wall Street Journal.
Click here for additional coverage from Reuters.