Daily News: Economics
April 29, 2021
“SOCIETY AND BANKS”: MONETARY POLICY COMMITTEE’S DECISION IS RESPONSE TO RISING INFLATION RISKS
Non-governmental organization Society and Banks estimated decision of the Monetary Policy Committee of National Bank of Georgia (NBG) as continuation of cautious approach, displayed in previous periods, and a response to growth of inflation risks. To remind: NBG’s Monetary Policy Committee decided on April 28 to raise the monetary policy rate by 1 percentage point up to 9.5%.
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