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Central Bank of Armenia keeps refinancing rate at 10.5%

23.06.2015 19:38

Central Bank of Armenia keeps refinancing rate at 10.5%

YEREVAN, June 23. /ARKA/. The Central Bank of Armenia said on Tuesday it has decided to keep the refinancing rate at 10.5%.

In May 2015, a 0.5 percent deflation was recorded in Armenia against a 0.8 percent deflation in May 2014. As a result, a12-month inflation stood at 5.1% in late May.

In the foreign sector, the global economy continued its slow growth. Deflation environment remained at the world food market as higher-than-expected oil prices formed at the key raw materials market due to a high season demand for oil products, contraction in the United States' reserves and the expected fall in supply.

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European Central Bank keeps its key interest rates unchanged

02.10.2014 20:04

European Central Bank keeps its key interest rates unchanged

The governing council of the European Central Bank (ECB) decided on Thursday to keep its key interest rates unchanged, vestifinance.ru reported citing the bank

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