Central Bank News'  Instablog

Central Bank News
Send Message
Operator and founder of CentralBankNews.info - a trusted and authoritative source on monetary policy developments from around the world. Follow us on Twitter for updates on monetary policy decisions.
My company:
My blog:
  • Uzbekistan Central Bank Holds Rate at 12.00% 0 comments
    Aug 1, 2011 2:29 PM
    The Central Bank of the Republic of Uzbekistan held its refinancing rate unchanged at 12.00%.  The Bank noted: "According to the primary directions of the monetary policy for 2011, as well as the actual and expected inflation level, the bank kept its refinancing rate unchanged,".  The Bank last reduced the refinancing rate by 200 basis points to 12.00% from 14.00% in late December 2010.  Uzbekistan reported annual inflation of 7.3% in 2010, compared to 7.4% in 2009, meanwhile inflation is forecast to be between 7-9% this year.  The Eurasian Development Bank is forecasting economic growth of 7.8% for Uzbekistan, and 4.5% GDP growth for the CIS region.

Back To Central Bank News' Instablog HomePage »

Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.

Comments (0)
Track new comments
Be the first to comment
Full index of posts »
Latest Followers


More »
Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.