CBRT leaves policy rate (one-week repo auction rate) unchanged at 24% as expeted

CBRT leaves policy rate (one-week repo auction rate) unchanged at 24% as expeted

Recently released data show that rebalancing trend in the economy has continued.

Developments in domestic demand conditions and the tight monetary policy support disinflation.

In order to contain the risks to the pricing behavior and to reinforce the disinflation process, the Committee has decided to maintain the tight monetary policy stance.

Factors affecting inflation will be closely monitored and, monetary stance will be determined to keep inflation in line with the targeted path.

It should be emphasized that any new data or information may lead the Committee to revise its stance.

12 Jun 19 (Wed)

11:04 am



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