‘’Society and Banks’’ Comments on Increased Refinancing Rate
Tbilisi. CSO "Society and Banks” has released a statement on increased refinancing rate.
"... As in recent months we are witnessing harsh devaluation of national currency and negative economic processes developing in the country, the issue of increasing the monetary policy rate has been raised. ... In order to stabilize the national currency rate temporarily, we believe that at this stage, increasing the refinancing rate is the most optimal option among the fiscal-crediting policy tools of the National Bank”, the statement says.
For the full text (geo)...
Source: sab.ge
"... As in recent months we are witnessing harsh devaluation of national currency and negative economic processes developing in the country, the issue of increasing the monetary policy rate has been raised. ... In order to stabilize the national currency rate temporarily, we believe that at this stage, increasing the refinancing rate is the most optimal option among the fiscal-crediting policy tools of the National Bank”, the statement says.
For the full text (geo)...
Source: sab.ge
