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Interest Rates In Financial Market Drop In Armenia - Central Bank

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  • Interest Rates In Financial Market Drop In Armenia - Central Bank

    INTEREST RATES IN FINANCIAL MARKET DROP IN ARMENIA - CENTRAL BANK

    news.am
    March 16, 2012 | 18:50

    YEREVAN. - Interest rates in Armenian financial market dropped in
    Armenia in February. This is stated in Armenian Central Bank's March
    report on refinancing. In the primary market, the average interest
    rate of government bonds with a maturity of 1 year was 8.9 per cent.

    In comparison with the previous month the average interest exchange
    rate of interbank credits decreased by 3.2 percentage points totaling
    to 7.7 per cent.

    To note, the credit market interest rates rose to a certain extent
    concerning dram loans as well as loans on U.S. dollars.




    From: A. Papazian
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