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The MPC Meeting to be Held Today

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BM.GE
11.12.19 11:09
658
The Monetary Policy Committee meeting will be held at the National Bank of Georgia today.

To remind, current refinancing rate is 8.5%. The NBG has tightened the policy rate 1 percentage point.

It worth to note, that inflation is increased up to 7 percent in November, which hits the record high after 2017. However, the figure exceeds two times to the target inflation rate of the NBG.