News

OC Media
oc-media.org

Georgian National Bank holds interest rate at 8% as inflation concerns linger

Georgian National Bank holds interest rate at 8% as inflation concerns linger2+ hour, 22+ min ago   (250+ words) The National Bank of Georgia has kept its refinancing rate unchanged at 8%, the bank said in a statement on Wednesday. "For 238,380 borrowers, monthly loan payments will not change, said Giorgi Kepuladze, head of Society and Banks, a local NGO. The…...