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Georgia Central Bank Leaves Policy Rate Unchanged

Por: RTTNews Business October 26, 2022

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Georgia's central bank maintained its benchmark interest rate at its October meeting, citing a decline in inflation from its peak yet the rate of inflation remaining high. The National Bank of Georgia's Monetary Policy Committee made the decision on Wednesday to maintain the policy rate at 11 percent.The previous change in the rate was a 50 basis points hike in March.In line with the appreciated exchange rate, the global trends will... + full article



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