Central bank lowers key rate to 7 percent

Central bank lowers key rate to 7 percent

YEREVAN, June 24. / ARKA /. The Central Bank of Armenia has lowered its key refinancing rate today by 0.25 percentage points to 7%.

The last time it revised the refinancing rate was on May 13, by lowering it by 0.25 percentage points to 7.25%. 

The government’s projection of inflation for 2014 is 4% (± 1.5%). It also expects the GDP to grow by 5.2%. -0 -

18:54 24.06.2014

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