The session of the Monetary Policy Committee of the National Bank of Georgia, which was scheduled for May 8, was postponed until May 22. As National Bank of Georgia noted, this decision is related to the announcement of holidays next week.
“Due to the specifics of the work, on May 7, 8 and 10, the payment and securities settlement systems of the National Bank will operate as usual. Cash operations and monetary instruments will be fully accessible to commercial banks. Therefore, users will be able to carry out payment operations smoothly during the same period. The monetary operations of the National Bank of Georgia willalso be carried out as usual, including the publication of the TIBR index and the official exchange rate,” the National Bank of Georgia stated.
By Mariam Mtivlishvili
