There will be no denomination in Belarus, President of Belarus Alexander Lukashenko told reporters on January 13, BelTA has learnt.

“We are not going to carry out any denomination. If we take a decision to carry out denomination, we will announce it three or four months in advance,” the Head of State said. “Unlike devaluation you cannot carry out denomination at a time. You need to prepare the money,” Alexander Lukashenko said. He also reminded the reporters that for denomination a relevant document should be taken on the level of the head of state. “So far I do not have any draft documents on denomination,” the President said.

Alexander Lukashenko also denied the rumours that the Russian ruble will be introduced in Belarus.


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