Currency Market of Belarus

The article analyses the currency market in Belarus. The paper presents the main factors and economic trends affecting the exchange rate of the Belarusian ruble and the currency market in general at the current stage. The first part briefly describes the situation in the currency market from 2009 to 2020. The main tendencies of the currency market in 2021 - 2022, as well as risks and challenges that can be realized in the near future, are disclosed in the following parts of the research.