Georgia cuts rate for fourth time this year to 4.0 pct

By www.CentralBankNews.info     Georgia’s central bank cut its refinancing rate by another 25 basis points to 4.0 percent, its fourth rate cut this year.
    The National Bank of Georgia (NBG) started cutting its rates in July 2011 and has now cut rates by 125 basis points in 2013 after cutting by 150 basis points in 2012.
   

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