Armenian central bank cut key rate by 0.5 percentage point to 7.75%

17.05.2016 19:04
Armenian central bank cut key rate by 0.5 percentage point to 7.75%

YEREVAN, May 17. /ARKA/. Armenia's Central Bank has decided today to cut  the key refinancing rate by 0.5 percentage points, setting it at 7.75%.

Before that the Central Bank had cut its refinancing rate on 29 March 2016, lowering it by 0.25 percentage points to 8.25%. -0-


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