The Board of the Central Bank of Uzbekistan adopted decision to keep refinancing rate at the level of 10% APR, the bank said.

The bank said that the decision was adopted in line with the set macroeconomic figures for 2014, including inflation rate, and in order to ensure stability of resource base of commercial banks.

Central Bank of Uzbekistan cut the refinancing rate by 2 percentage points to 10% APR from 1 January 2014.