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Georgia's c.bank keeps key refinancing rate unchanged at 6.5 pct
December 14, 2016 / 10:07 AM / a year ago

Georgia's c.bank keeps key refinancing rate unchanged at 6.5 pct

TBILISI, Dec 14 (Reuters) - Georgia’s central bank kept its key refinancing rate unchanged at 6.5 percent on Wednesday.

Inflation in the South Caucasus nation was at 0.2 percent year-on-year in November, down from 6.3 percent the same month a year ago, remaining within the 5 percent target set by the government for 2016.

Consumer prices in Georgia rose by 0.6 percent in November in month-on-month terms after rising by 0.5 percent in October. The central bank will hold its next monetary policy meeting on Jan. 25, 2017. (Reporting by Margarita Antidze; editing by Maria Kiselyova)

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