Forex Policy Wobbles as Belarus Awaits Loan

President Alexander Lukashenko facing the Belarussian parliament last week for his state-of-the-nation address. MINSK — Belarus’ currency crisis deepened Friday as interbank foreign-exchange trading ground to a halt, participants said, following a policy U-turn on valuations from the central bank. The bank, battling to restore confidence in the country’s depreciating ruble, said Tuesday that it would allow the currency to float on the interbank market, taking […]