refinancing rate

Georgia's National Bank reduces refinancing rate once again

Georgia's National Bank reduces refinancing rate once again

The National Bank of Georgia said it was continuing its exit from a tight monetary policy by reducing the refinancing rate by 0.75 percentage points, down to 8.25%. The Bank said both domestic and external factors had contributed to …

Azerbaijan lowers refinancing rate

Azerbaijan lowers refinancing rate

The Central Bank of Azerbaijan lowered the discount rate today from 8% to 7.75% According to the bank, the top limit of the interest rate …

Georgian National Bank increases refinancing rate again

Georgian National Bank increases refinancing rate again

The National Bank of Georgia has increased the refinancing rate by 0.5 percentage points to 7.5% - for the second time this September. The regulator explains that the reasons behind such decision are inflation expectations as a result …

Georgia's National Bank increases refinancing rate

Georgia's National Bank increases refinancing rate

The National Bank of Georgia has increased the refinancing rate by 0.5 percentage points to 7%. The depreciation of the exchange rate has boosted inflationary expectations, the NBG says, therefore the refinancing rate has been …

Armenia’s central bank leaves refinancing rate unchanged

Armenia’s central bank leaves refinancing rate unchanged

Armenia’s Central Bank decided today to leave the refinancing rate at 5.75%, according to the regulator's statement. It was said that the inflation in March 2019 was 0.1%, as much as in March 2018. As a result, the 12-month …

Azerbaijan's Central Bank cuts refinancing rate

Azerbaijan's Central Bank cuts refinancing rate

Azerbaijan’s central bank cut its refinancing rate to 9% from 9.25%, the CBA press service reported. The central bank also adjusted its rate corridor, setting an upper boundary at 11% and a lower boundary at 7%, compared to 7.25 …

Armenia's Central Bank cuts refinancing rate to 5.75%

Armenia's Central Bank cuts refinancing rate to 5.75%

Armenia’s Central Bank decided to cut  the refinancing rate by 0.25 percentage points to 5.75% at today's meeting. The previous time the regulator reviewed  the refinancing rate was in March 2017, when it …

Azerbaijan's central bank cuts refinancing rate again

Azerbaijan's central bank cuts refinancing rate again

Azerbaijan’s central bank said today it cut the refinancing rate to 10% from 11%, CBA Chairman Elman Rustamov said at a press conference. The central bank also said it held the lower boundary of the rate corridor …

Refinancing rate increased in Georgia

Refinancing rate increased in Georgia

The National Bank of Georgia (NBG) has decided to increase its refinancing rate in response to expectations of increased inflation. The Monetary Policy Committee (MPC) of the bank increased the refinancing rate by 25 basis points to …

Armenia’s central bank cuts refinancing rate again

Armenia’s central bank cuts refinancing rate again

Armenia's Central Bank cut its refinancing rate by 0.25 percentage point to 6%. The Central Bank began to gradually reduce the refinancing rate from the second half of 2015. As a result, it fell from 10.5% in June 2015 to 6.25% in …

Georgia raises key refinancing rate

Georgia raises key refinancing rate

The Monetary Policy Committee of the Georgian National Bank raised its key refinancing rate to 6.75% from 6.5% following a pick-up in inflation and said it might raise borrowing costs again in the first half of 2017.