 CBA retains refinancing rate at 8% July 10, 2012 - 21:28 AMT PanARMENIAN.Net - The Central Bank of Armenia (CBA) continues to retain refinancing rate at 8%. 1.3% deflation was posted in June, with 12-month inflation to total 0,7%, keeping at a low level in line with permissible fluctuations. Taking into consideration the neutralizing influence of global and local economies on internal process, and given June tendencies of AMD devaluation, CBA Council refrained from altering the refinancing rate, CBA press service said. Partner news  Top stories “It’s a pity that instead of operating flights, airplanes with Armenian flags stand idle under the sun,” Ghazaryan said. The issue was discussed by Gazprom chief Alexey Miller and Armenian Minister of Energy and Natural Resources Armen Movsisyan. On Feb 23, 2012, Yerevan Jur CJSC issued application for decreasing water prices from current AMD 174,059 to AMD 166,044 per cubic meter. Finance Minister David Sargsyan met with the regional director of KfW German Development Bank Lars Oermann.   Partner news |  Latest news UN chief hails China's peacekeeping efforts  Ban said China has provided more peacekeepers than all the other four permanent members of the UN Security Council.Iran's Guardian Council approves presidential election result Hassan Rouhani won the election by taking nearly 51% of votes. Since he won more than half, that eliminated the need for a runoff.Friends of Syria to meet in Doha on June 22: French official Assad's forces aim to retake Aleppo, where they have been mired in a bloody stalemate with rebels for nearly a year.Parliament approves amendments to law on minimum wage rate Besides, new scale of salaries will be introduced, according to which the minimum wage rate will be doubled by 2017. |
