Economic Press Monitor: Macroeconomics & Budget
November 12, 2019
FORBES GEORGIA: “WHAT SHOULD WE EXPECT FROM THE TOUGHENED MONETARY POLICY?”
Monetary policy rate of National Bank of Georgia (NBG) makes up 8.5% now, being at the highest mark for the last 11 years. Reason of the rate increase became inflation, which was caused to some extent by devaluation of lari against the US dollar, the article reminds.
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