The Acting President of the National Bank of Georgia (NBG), Natia Turnava, on Wednesday, said, “Considering the inflation rate and existing forecasts, the reduction of the monetary policy rate will continue with very careful steps.”
As stated by Natia Turnava, the primary responsibility of the bank is to guarantee the stability of the interest rate. “That’s why the current economic processes, financial markets, environmental factors, and inflation forecasts are being observed in great detail.”
The National Bank today reduced the refinancing rate by 0.5% to 9.5%.
