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CENTRAL BANK LEFT 5% REFUNDING LEVEL UNCHANGED
PanARMENIAN.Net
10.11.2009 18:50 GMT+04:00
/PanARMENIAN.Net/ In a board session convened today, RACentral Bank
made decision to leave current refunding level at 5%, RA CBA press
service reports.
According to the Bank's release, inflation rate in September increased
by 0.5% compared to August and 3.5% - on annual level. Forecasting
further economic growth, CBA board finds that current interest rate
of refunding maximum contributes to economy's rapid recovery, without
posing threat to stability of prices.
PanARMENIAN.Net
10.11.2009 18:50 GMT+04:00
/PanARMENIAN.Net/ In a board session convened today, RACentral Bank
made decision to leave current refunding level at 5%, RA CBA press
service reports.
According to the Bank's release, inflation rate in September increased
by 0.5% compared to August and 3.5% - on annual level. Forecasting
further economic growth, CBA board finds that current interest rate
of refunding maximum contributes to economy's rapid recovery, without
posing threat to stability of prices.