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Currently the Central Bank of Uzbekistan established
refinancing rate at the rate of 14 percent. The rate determines at what
interests Central Bank would accredit the banks, in a word, fixes denomination
for them. The commercial banks will give credits to enterprises and people with
more pleasure, if the rate becomes lower.
The Central Bank establishes refinancing rate based on
actual fluctuation of the level of wholesale and consumer prices, inflation and
economic activity.
The information about the refinancing rate of Central Bank
can be found at official website of Central Bank - www.cbu.uz
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Last Updated ( Thursday, 29 November 2007 )
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