New regulations do not relate to the state securities issued by the central bank, and the volume of the government securities to be sold to foreign investors would be agreed upon between the finance ministry and the central bank.

Fitch Ratings has affirmed the outlook on Georgia’s long-term foreign-currency Issuer Default Rating (IDR) at ‘BB’ with a Stable outlook.

The bank raised the overnight loan rate to 13 percent and the overnight deposit rate to 11 percent.