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Tajikistan's central bank raises refinancing rate to 13.25per cent

DUSHANBE : Tajikistan's central bank raised its refinancing rate to 13.25per cent from 13.0per cent on Monday, the bank said in a statement, citing the need to curb inflation.

Annual inflation in the Central Asia nation stood at 9.6per cent in September, well out of the central bank's target range of 4-8per cent.

(Reporting by Nazarali Pirnazarov; Writing by Olzhas Auyezov; Editing by Christopher Cushing)

Source: Reuters

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