Announcement

Collapse
No announcement yet.

Armenian C.Bank Keeps Refinancing Rate At 8.0 Pct

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

  • Armenian C.Bank Keeps Refinancing Rate At 8.0 Pct

    ARMENIAN C.BANK KEEPS REFINANCING RATE AT 8.0 PCT

    Reuters
    July 10 2012

    YEREVAN, July 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 declined 1.3 percent last month unchanged from the
    same level in May.

    The annual inflation rate stood at 0.7 percent in June, the central
    bank said, slightly higher than the 0.5 percent recorded in May and
    within the government's target range of 2.5 percent to 5.5 percent.

    (Reporting by Margarita Antidze; editing by Megan Davies)

Working...
X