National bank of Tajikistan has lowered the official bank rate to 8%
It’s the second time for the last month, when the National bank of Tajikistan (NBT) has lowered the official bank rate by 1 %. Now it’s reached the level of 8 %. And it’s the fourth decrease in 2009. At the end of January it has been lowered from 13.5 to12 %, in the middle of April – to 10 %, and in early July – to 9%.
Another official bank rate decrease has not influenced the currency market of Tajikistan yet.
The official bank rate decreases in January and April caused sharp devaluation of somoni exchange rate against US dollar and Euro from the very beginning.