Georgia holds key refinancing rate at 11%

Kitco Media
By Reuters
Published:
Updated:
Reuters
Feb 1 (Reuters) - Georgia's central bank kept its key refinancing rate unchanged at 11%, the regulator said on Wednesday. It said annual inflation in Georgia had already peaked and was trending downward, but that it would continue to pursue a tight monetary policy through the year to reduce additional inflationary pressure. (Reporting by Reuters; Editing by Andrew Heavens)
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