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Tag Archives: refinancing rate

Georgia’s c.bank Keeps Key Refinancing Rate Unchanged at 6.5 pct

NBG

Dec 14 Georgia’s central bank kept its key refinancing rate unchanged at 6.5 percent on Wednesday. Inflation in the South Caucasus nation was at 0.2 percent year-on-year in November, down from 6.3 percent the same month a year ago, remaining within the 5 percent target set by the government for …

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NBG Reduces Its Policy Rate By 25 Basis Points To 6.75%

NBG Reduces Its Policy Rate By 25 Basis Points To 6.75%

The Monetary Policy Committee (MPC) of the National Bank of Georgia (NBG) met on July 27, 2016 and decided to reduce the refinancing rate by 25 basis points to 6.75 percent. The monetary policy decision is based on the macroeconomic forecast, according to which the phasing out of tight monetary policy must …

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National Bank Forecasts Inflation Slowdown in Coming Quarters

National Bank Forecasts Inflation Slowdown in Coming Quarters

The Monetary Policy Committee (MPC) of the National Bank of Georgia (NBG) met on June 15, 2016 and decided to reduce the refinancing rate by 50 basis points to 7.0 percent. The monetary policy decision is based on the macroeconomic forecast, according to which the tightening of the monetary policy …

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National Bank of Georgia Lowers Refinancing Rate to 7.5%

National Bank of Georgia Lowers Refinancing Rate to 7.5%

The monetary policy committee of the National Bank of Georgia (NBG) has lowered the refinancing rate by 50 base points to 7.5%. The NBG statement reads that the decision reflects the macroeconomic forecasts proving that tightening of monetary policy in 2015 has made positive effect on inflation rate. Under the …

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