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Tajikistan's central bank raises refinancing rate to 5.9 pct
May 20, 2014 / 5:47 AM / in 3 years

Tajikistan's central bank raises refinancing rate to 5.9 pct

DUSHANBE, May 20 (Reuters) - Tajikistan’s central bank raised its key refinancing rate on Tuesday to 5.9 percent, citing the need to curb accelerating inflation.

The bank said it had raised the rate from 4.8 percent, in force since Jan. 14, with immediate effect. (Reporting by Roman Kozhevnikov; Writing by Dmitry Solovyov; Editing by Kim Coghill)

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