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Armenian C.Bank Keeps Refinancing Rate At 8.0 Pct

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  • Armenian C.Bank Keeps Refinancing Rate At 8.0 Pct

    ARMENIAN C.BANK KEEPS REFINANCING RATE AT 8.0 PCT

    Reuters
    http://www.reuters.com/article/2012/04/10/armenia-rate-idUSL6E8FA3YC20120410
    April 10 2012

    YEREVAN, April 10 (Reuters) - Armenia's central bank kept its key
    refinancing rate unchanged at 8.0 percent on Tuesday after data showed
    annual inflation remained within the government's target for the year.

    Consumer prices rose 0.1 percent last month after a decline
    month-on-month of 0.9 percent in February.

    The annual inflation rate stood at 2.2 percent in March, the central
    bank said, below 3.0 percent recorded in February and within the
    government's target range of 2.5 percent to 5.5 percent.

    (Reporting by Hasmik Lazarian; writing by Margarita Antidze in
    Tbilisi; editing by Andrey Ostroukh)

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