June 15, 2011 / 7:39 AM / 6 years ago

Belarus' individual bank deposits fall in May

1 Min Read

MINSK, June 15 (Reuters) - Individual deposits in Belarussian banks fell in May, central bank data showed on Wednesday.

Rouble deposits fell to 9.2 trillion roubles -- $1.8 billion at current exchange rates -- as of June 1 from 10.1 trillion roubles on May 1. Foreign currency deposits shrank to $3.7 billion from $4.2 billion.

Belarus devalued its rouble by 36 percent on May 24 in an attempt to plug a large current account deficit that has drained a quarter of its foreign currency reserves this year.

($1 = 4,978 Belarussian roubles)

Reporting by Andrei Makhovsky; Writing by Olzhas Auyezov; Editing by John Stonestreet

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