ReePrime
Belarus seeks emergency IMF loan

Hosted by Dailymotion. For legal issues report at the Copyright Center, report us on DMC, or use the Instant Removal tool.

Belarus seeks emergency IMF loan

E
euronews (in English)

70 Views • Jun 01, 2011

Description

Belarus has asked for an emergency loan of up to $8 billion (5.5 billion euros) from the International Monetary Fund to stave off a financial crisis in the ex-Soviet republic. That comes after the government massively devalued the local currency, the rouble, in a failed attempt to persuade banks and Belarussians to resume trading at official - rather than black market - rates. ... http://www.euronews.net/