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TBILISI Yankees Matt Holliday Jersey , Sept. 6 (Xinhua) -- Georgia's central bank decided Wednesday to keep its key refinancing rate unchanged at 7 percent.

"The Monetary Policy Committee of the bank met today and decided not to change the current refinancing rate," the National Bank of Georgia said in a statement, adding that the dynamic of inflation is in compliance with existing forecasts.

"In August, the annual inflation rate decreased to 5.7 percent. The forecasts say that by the end of the year the inflation rate will be slightly higher but from the next year, as soon as temporary factors are gone, it will be 3 percent," the bank said.

The bank also said foreign demands maintain a positive tendency and Georgia's exports as well as tourism incomes are fast growing.

The bank started tightening its monetary policy from February 2015, pushing the key refinancing rate from 4 percent up to 8 percent by the end of that year. The rate remained unchanged since May 2, 2017 at 7 percent.

The bank data show that during the first seven months of this year, Georgia's economic growth was 4.4 percent while the inflation rate averaged 5.8 percent.

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SRINAGAR, Indian-controlled Kashmir, Aug. 26 (Xinhua) -- A policeman and three paramilitary troopers of India's Central Reserve Police Force (CRPF) were wounded Saturday in a predawn militant attack on police lines in restive Indian-controlled Kashmir, police said.

The gunmen believed to be fidayeen (suicide attackers) militants indiscriminately used gunfire, while making their entry inside the district police lines premises at Pulwama, about 28 km south of Srinagar.

"A police constable and three CRPF personnel were wounded today after militants stormed district police lines here," a police official said. "All the wounded personnel were hit by bullets and were immediately hospitalized."

According to police officials, three militants are believed to have entered the police lines.

"Intermittent firing is going on and additional contingents have bee rushed to take on them," the official said. "There is apprehension two to three militants have managed to enter the police lines and taken refuge in one of the buildings."

A guerrilla war is going on between militants and Indian troops stationed in the region since 1989. However, of late Indian policemen too have been trained to fight them.

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