Georgian National Bank increases refinancing rate to 4%

The Georgian National Bank increased the refinancing rate from 3.75% to 4% today, AFN reports.The inflation rate of Georgia in January totaled 0.8%. The government forecasts an inflation of 3.5% throughout the year. The National Bank set the target inflation at 6%.

The Georgian National Bank increased the refinancing rate from 3.75% to 4% today, AFN reports.

The inflation rate of Georgia in January totaled 0.8%. The government forecasts an inflation of 3.5% throughout the year. The National Bank set the target inflation at 6%.