26 August, Minsk /BELTA correspondent/. The list of foreign currencies subject to mandatory sale by economic entities on the domestic foreign exchange market has been expanded in Belarus. The corresponding Resolution No. 350 of 25 August 2011 was adopted by the Board of the National Bank, the National Bank's Information Department informed BELTA correspondent. Ten more foreign currencies have been added to the list of foreign currencies subject to mandatory sale on the domestic foreign exchange market. These include currencies whose share in export settlements has significantly increased – the Lithuanian lit, the Latvian lat, the Kazakhstani tenge, and the Polish zloty. The list also includes the Czech koruna, the Hungarian forint, the Chinese yuan, the new Israeli shekel, the New Zealand dollar, and the Turkish lira. "This decision was made due to the fact that economic entities, in order to avoid mandatory sale of foreign currency at the exchange rate, have significantly increased the share of export contracts, the settlement currency for which is not subject to mandatory sale," the National Bank explained. To expedite the crediting of the ruble equivalent to the accounts of serviced clients after the mandatory sale of foreign currency, the resolution establishes a deadline for its transfer. The bank is obliged to carry out this operation no later than the next business day after the trading day. In addition, the Instruction on the Procedure for Mandatory Sale of Foreign Currency on the Domestic Foreign Exchange Market of 13 September 2006 No. 129 has been brought into line with Decree No. 326 of 25 July 2011 "On Certain Issues of Mandatory Sale of Foreign Currency".-0-

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