Kyrgyzstan's central bank holds policy rate at 13%

Kitco Media
By Reuters
Published:
Updated:
Reuters
BISHKEK, Jan 31 (Reuters) - Kyrgyzstan's central bank kept its policy rate unchanged at 13% on Tuesday, saying it expected inflation to start slowing only in the second half of this year. Consumer prices rose 14.7% last year in the Central Asian nation, while its economy grew 7%, the bank said, citing preliminary data. (Reporting by Olga Dzyubenko; Writing by Olzhas Auyezov; Editing by Clarence Fernandez)

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