Exchange market approaching equilibrium
According to the National Bank, in April 2014, foreign currency net purchase by individuals and legal entities on the domestic market was at a record low since early 2014, amounting to USD 13 mln. Due to improvements in Belarus’ foreign trade, in April 2014 Belarus’ legal entities became net sellers of foreign currency. Stabilisation of the foreign exchange market will reduce pressure on the BYR exchange rate, will slower the pace of spending the international reserves on smoothing out BYR exchange rate fluctuations, and will reduce the need in foreign borrowing to service domestic and public debt.
During searches of social and "green" activists and anarchists, law enforcement has seized computers, mobile phones and publications. The authorities have also exerted additional pressure on supporters of unauthorized street protests and independent lawyers, who represented defendants in the White Legion case. The security services have stepped up the persecution of opponents before the street protests announced by the opposition. Apparently, the Belarusian authorities aspire that participants in street protests would reduce in number and that the low interest of the population to socio-political agenda before the local election campaign would retain.