Uzbekistan's central bank cuts policy rate to 14% from 15%

Kitco Media
By Reuters
Published:
Updated:
Reuters
TASHKENT, March 16 (Reuters) - Uzbekistan's central bank cut its policy rate to 14% from 15% on Thursday, saying inflation was beginning to decelerate while tough external monetary conditions were putting pressure on economic activity. The bank said it would next review the rate on April 27. (Reporting by Mukhammadsharif Mamatkulov Writing by Olzhas Auyezov Editing by Bernadette Baum)

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