All news related to Key refinancing

Key refinancing rate left unchanged, at 5.5% - Armenian central bank

30.10.2019 16:48

Key refinancing rate left unchanged, at 5.5% - Armenian central bank

YEREVAN, October 30. /ARKA/. The board of the Central Bank of Armenia decided Tuesday at its meeting to leave the key refinancing rate unchanged - at 5.5%, the press office of the regulator reports.
A 0.2% inflation was recorded in the country in September 2019 against the 0.3% reported in the same month a year before. As a result, the 12-month inflation remained almost unchanged standing at 1.1% by the end of the month.

Some slowdown remains in the global economy's growth, which is reflected also on international commodity and raw materials markets. Under such circumstances, central banks of the countries which are key partners to Armenia continue easing monetary conditions. The central bank's board expects no inflation pressures from the outside.

Views: 0

Categories: 121, Banks @en, General news, News, News of the hour | Comments Off on Key refinancing rate left unchanged, at 5.5% - Armenian central bank

Tags: , , ,

Read more