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Finance 22/10/2013 CBU keeps refinancing rate at 12% APR
CBU keeps refinancing rate at 12% APR
Tashkent, Uzbekistan (UzDaily.com) -- The Board of the Central Bank of Uzbekistan decided to keep refinancing rate, the press service of the regulator said.

The Board of the Central Bank of Uzbekistan adopted decision to keep refinancing rate at the level of 12% APR, the bank said.

The bank said that the decision was adopted in line with the set macroeconomic figures for 2013, including inflation rate, and in order to ensure stability of resource base of commercial banks.

Last time, Central Bank of Uzbekistan changed refinancing rate on 1 January 2011. The bank cut refinancing rate from 14% to 12% APR.

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