On March 23, Minsk /BelTA correspondent/. The increased period for reserving funds for currency purchase introduced in Belarus will be cancelled in the near future. This was announced to BelTA correspondent by Petr Prokopovich, Chairman of the Board of the National Bank of Belarus. In accordance with the decision of the Board of OJSC "Belarusian Currency and Stock Exchange", from March 16, 2011, the period for reserving funds in Belarusian rubles for the purchase of foreign currency at exchange trading was temporarily increased to 30 calendar days. A corresponding letter was sent to Belarusian banks on March 15. The aim of the adopted decision was to consolidate the main volume of demand and supply of economic entities in the over-the-counter currency market. This allowed for an increased role of market mechanisms in balancing supply and demand, led to improved efficiency of the National Bank's intervention policy in the domestic currency market, and also increased opportunities for more effective distribution and use of currency resources in the economy. At the same time, the possibility for economic entities to freely purchase foreign currency both on the exchange and over-the-counter markets was maintained, as well as the free disposal of available currency resources and incoming currency earnings for settlements on obligations within the framework of foreign trade and financial operations. Uninterrupted satisfaction of the population's demand for foreign currency was ensured by banks both from their own funds and, if necessary, by acquiring foreign currency from the National Bank for these purposes. On March 22, the National Bank of Belarus cancelled the effect of this letter. Thus, banks can satisfy the population's demand using their own currency funds or purchase currency for exchange offices on the exchange. "There should be no issues regarding the population: we are not changing the rules for buying/selling currency, we are not changing the conditions, we are not introducing any currency restrictions. And there will be no new currency restrictions in the near future," said Petr Prokopovich. "On the contrary, today or tomorrow we will make a decision to lift our restrictions on reserving funds for currency purchase."