Armenian central bank cuts refinancing rate by 0.25 p.p. to 6.5%
15.11.2016,
16:38
Armenia’s Central Bank said today it has decided to cut the benchmark refinancing rate by 0.25 percentage points to 6.5%.
YEREVAN, November 15. /ARKA/. Armenia’s Central Bank said today it has decided to cut the benchmark refinancing rate by 0.25 percentage points to 6.5%.
It is the seventh consecutive cut of the benchmark rate by the regulator within this year. In February, the rate was reduced from 8.75% to 8.5%, in March - to 8.25%, in May - to 7.75%, in June –to 7.5%, in August – to 7 25%, and in September - to 6.75%. -0-
It is the seventh consecutive cut of the benchmark rate by the regulator within this year. In February, the rate was reduced from 8.75% to 8.5%, in March - to 8.25%, in May - to 7.75%, in June –to 7.5%, in August – to 7 25%, and in September - to 6.75%. -0-
