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CBA Keeps Refunding Level Unchanged

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  • CBA Keeps Refunding Level Unchanged

    CBA KEEPS REFUNDING LEVEL UNCHANGED

    PanARMENIAN.Net
    08.12.2009 17:04 GMT+04:00

    /PanARMENIAN.Net/ At a board session convened today, CBA board council
    resolved to keep current refunding level at 5%, RA CBA press service
    reports.

    According to the Bank's release, inflation rate in November increased
    by 1,2% compared with October, with an annual inflation of 4.6%.

    In uncertain economic circumstances, CBA board refrains from
    introducing more strict terms for sound monetary policy.
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