refinancing rate

Refinancing rate increased in Georgia

The National Bank of Georgia (NBG) has decided to increase its refinancing rate in response to expectations of increased inflation. The Monetary Policy Committee (MPC) of the bank increased the refinancing rate by 25 basis points to …

Armenia’s central bank cuts refinancing rate again

Armenia's Central Bank cut its refinancing rate by 0.25 percentage point to 6%. The Central Bank began to gradually reduce the refinancing rate from the second half of 2015. As a result, it fell from 10.5% in June 2015 to 6.25% in …

Georgia raises key refinancing rate

The Monetary Policy Committee of the Georgian National Bank raised its key refinancing rate to 6.75% from 6.5% following a pick-up in inflation and said it might raise borrowing costs again in the first half of 2017.