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Armenia central bank cuts key refinancing rate to 6.25% from 6.5%

Armenia central bank cuts key refinancing rate to 6.25% from 6.5%

PanARMENIAN.Net - The central bank said on Tuesday, December 27 it had cut its refinancing rate to 6.25 percent from 6.5 percent.

Annual deflation in Armenia was at 0.6 percent in November, compared with 0.9 percent deflation in October, according to central bank data.

On a monthly basis, the inflation rate stood at 1 percent in November, up from 0.5 percent in October.

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