Armenia’s Central Bank said today it has cut the refinancing rate by 0.25 percentage points setting it at 5%. It said also the inflation in March 2020 was 0.5%, up from 0.1% inflation reported for the same month last year. As a result, the 12-month deflation declined to 0.1%.
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Archive for April 28th, 2020
Armenian central bank cuts refinancing rate by 0.25% to 5%
Tuesday, April 28th, 2020Armenian government may place another issue of Eurobonds
Tuesday, April 28th, 2020The government of Armenia is considering a new issue of Eurobonds, possibly even in the national currency dram, Finance Minister Atom Janjughazyan said at an extraordinary parliamentary meeting today, convened to revise downward the budget indicators
Armenia to increase its debt burden by 260 billion drams amid COVID-19
Tuesday, April 28th, 2020Armenia will increase its debt burden by 260 billion drams amid COVID-19, the budget deficit in 2020 may amount to 324 billion drams, Finance Minister Atom Janjughazyan said at an extraordinary parliamentary meeting convened Tuesday to revise budget indicators
