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Tajik National Bank increases discount rate up to 6.9% per annum.

The Board of the National Bank of Tajikistan (NBT) has decided to increase the discount rate by 1% and set it at 6.9% per annum, the press service of the regulator reported on Thursday.

"The discount rate is 6.9% from October 3," said the NBT.

The discount rate was 5.9% in May of this year as a result of its increase by 1.1%. That was caused by deterioration of economic situation in countries-major trade partners of Tajikistan, particularly Russia and Kazakhstan.

This is the third change of the rdiscount rate this year. In January, the discount rate reached 4.8%.

The NBT recalled that discount rate was reduced in July and October last year.

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Publication:AKIpress News Agency
Date:Oct 9, 2014
Words:130
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