OREANDA-NEWS. Resolution of the Board of the National Bank of the Republic of Belarus No. 315 "On the Annulment of Certain Resolutions of the Board of the National Bank of the Republic of Belarus" dated May 21, 2015 comes into force on May 23, 2015. In accordance with this Resolution a regulatory legal act, setting the limits on the amounts of foreign exchange purchase/sale transactions conducted between banks and clients in the OTC market, is repealed. Purchase and sale of foreign exchange in the OTC foreign exchange market will be carried out without any restrictions on the amounts of transactions.

This measure was taken as part of activities aimed at improving the functioning of the domestic foreign exchange market and with a view to switching to the regime of continuous two-way auction in the JSC "Belarusian Currency and Stock Exchange".