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Armenian C.Bank Keeps Refinancing Rate At 8.00 Pct

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  • Armenian C.Bank Keeps Refinancing Rate At 8.00 Pct

    ARMENIAN C.BANK KEEPS REFINANCING RATE AT 8.00 PCT

    Reuters
    Aug 7 2012

    Aug 7 (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.

    The annual inflation rate stood at 2.3 percent in July, the central
    bank said, higher than the 0.7 percent recorded in June, but lower
    than the government's target range of 2.5 percent to 5.5 percent.

    (Reporting by Hasmik Lazarian; Writing by Margarita Antidze; Editing
    by Vladimir Soldatkin)

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