CHAIRMAN: DR. KHALID BIN THANI AL THANI
EDITOR-IN-CHIEF: PROF. KHALID MUBARAK AL-SHAFI

Business

Economic woes

Published: 22 Dec 2014 - 08:32 am | Last Updated: 18 Jan 2022 - 05:09 pm

People stand among the empty shelves in an electronic shop in Minsk yesterday as the Belarusian National Bank has imposed a 30 percent fee on currency exchange transactions for both businesses and individuals. The Belarussian currency was dragged down by the slide of the Russian ruble last week, leading authorities to impose draconian measures, forbid price increases even for imported goods, and warn people against panic.