Central Bank raises the key rate to 17% per annum

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Finance 17/03/2022 Central Bank raises the key rate to 17% per annum

Central Bank raises the key rate to 17% per annum

Tashkent, Uzbekistan (UzDaily.com) -- The main rate of the Central Bank was raised by 3 percentage points.

According to the press service of the Central Bank, the main rate has been increased from 14 to 17% per annum.

The Central Bank last time raised the main rate (then the refinancing rate) in 2018. Then the rate was raised from 14% to 16%. In 2020, the regulator lowered the rate first to 15% and then to 14%.

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