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Georgia’s central bank under pressure as inflation keeps rising
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Georgia’s central bank under pressure as inflation keeps rising
TBILISI, November 6 – Georgia’s central bank is facing growing criticism from economists after admitting it can no longer keep inflation under control and raising its forecast for next year. The National Bank of Georgia (NBG) said Thursday it now expects prices to rise faster than previously projected, while keeping its key refinancing rate unchanged at 8 percent, a move experts say signals… Source
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