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The National Bank of Georgia keeps its Policy Rate unchanged
15:35 18.07.2012
Day News

The Monetary Policy Committee of the National Bank of Georgia met on July 18, 2012 and decided to keep its Main Policy Rate (the refinancing rate) unchanged at 5.75 percent. The mentioned decision was made due to the growth of the inflation rate.

According to the existing forecasts the inflation is expected to continue moderate growth and will achieve its target value in the second half of the next year. The annual inflation in June equaled  0.2%. 

The next meeting of the Monetary Policy Committee will be held on August 29, 2012.

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