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NBG Keeps Key Refinancing Rate Unchanged at 8% - Civil Georgia
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NBG Keeps Key Refinancing Rate Unchanged at 8% - Civil Georgia
The Monetary Policy Committee (MPC) of the National Bank of Georgia (NBG) has decided to keep the key refinancing rate unchanged at 8%, where it has stood since May 2024. The Committee said that it stands ready to maintain a “tight stance” should “inflationary shocks” from the ongoing “geopolitical situation” persist. In March 25’s statement, the National Bank pointed to “heightened geopolitical tensions” in the Middle East and “substantial disr…
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