Dollar depreciates slightly relative to Euro, as Euro values increase by 1.5 cents.
Spiking up on the Belarusian Exchange
The traders' bell rang off, marking the end of the day's trading on the Belarusian Currency and Stock Exchange, and what a day it was! The European currency skyrocketed by a whopping 1.7 kopecks. The US dollar, too, saw a modest increase of 0.3 kopecks, while the Chinese yuan and the Russian ruble rose by 0.6 kopecks and 0.03 kopecks respectively.
Here's a snapshot of the exchange rates as they stood on May 26:- dollar - Br3.0087- euro - Br3.41- Russian ruble - Br3.7593 per ₽100- yuan - Br4.177 for ¥10
Belarusian Wages: Rising Skymaster Bars
The nominal accrued average monthly wage of workers in April stood at Br2613.5. In comparison, March's wage figure was Br2601.8, translating to an increment of Br11.7.
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It's worth noting that Minsk residents boasted the highest income, earning Br3499.8. The Minsk region followed close behind with wages reaching Br2654.3, while Gomel brought up the middle ground with Br2311.3. The residents of Grodno weren't far behind with Br2357.9.
Interestingly, the Brest region residents earned slightly less, clocking in at Br2271.3. The lowest wage earners were found in Mogilev (Br2181.3) and the northernmost region (Br2175.8).
For more detailed statistics segregated by professions, check out this link.
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- The US dollar, while it saw a modest increase on the Belarusian Exchange, didn't rise as significantly as the European currency or the Chinese yuan.
- To gain a comprehensive understanding of the financial landscape in Belarus, one should not only consider the exchange rates but also monitor the wages of workers in various regions.