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ARMENIA'S C.BANK CUTS REFINANCING RATE TO 7.50 PCT FROM 7.75 PCT
Reuters
feb 11 2014
YEREVAN Tue Feb 11, 2014 6:08pm IST
Feb 11 (Reuters) - Armenia's central bank cut its key refinancing
rate to 7.50 percent from 7.75 percent on Tuesday after data showed
a decline in annual inflation.
Annual inflation was 5.5 percent in January, the central bank said,
down from 5.6 percent recorded in December. That is within the
government's target range of between 2.5 percent and 5.5 percent
for 2014.
Monthly inflation in January was 2.8 percent, compared to inflation
of 1.1 percent in December.
The central bank cut its refinancing rate to 7.75 percent from 8.00
percent in December. (Reporting by Hasmik Lazarian; Writing by
Margarita Antidze; Editing by Thomas Grove)
http://in.reuters.com/article/2014/02/11/armenia-rate-idINL5N0LG2E620140211
From: A. Papazian
Reuters
feb 11 2014
YEREVAN Tue Feb 11, 2014 6:08pm IST
Feb 11 (Reuters) - Armenia's central bank cut its key refinancing
rate to 7.50 percent from 7.75 percent on Tuesday after data showed
a decline in annual inflation.
Annual inflation was 5.5 percent in January, the central bank said,
down from 5.6 percent recorded in December. That is within the
government's target range of between 2.5 percent and 5.5 percent
for 2014.
Monthly inflation in January was 2.8 percent, compared to inflation
of 1.1 percent in December.
The central bank cut its refinancing rate to 7.75 percent from 8.00
percent in December. (Reporting by Hasmik Lazarian; Writing by
Margarita Antidze; Editing by Thomas Grove)
http://in.reuters.com/article/2014/02/11/armenia-rate-idINL5N0LG2E620140211
From: A. Papazian