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Daily News: Economics
June 13, 2018


MINIMUM RESERVE REQUIREMENTS ON FUNDS, ATTRACTED IN NATIONAL CURRENCY, ARE LOWERED

National Bank of Georgia (NBG) reported that its Monetary Policy Committee decided today to decrease minimum reserve requirements on funds, attracted in national currency, from 7% to 5%.

The Committee made such decision with aim of encouragement of attraction of financial resources in lari, NBG said.

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