// IP Marketing video - START// IP Marketing video - END

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.

 Top stories
The two-day intensive programme includes meetings with Armenian high level state authorities and business representatives
Fitch Ratings has affirmed the Armenian city of Yerevan's Long-Term Foreign- and Local-Currency Issuer Default Ratings (IDRs) at 'B+'.
Mount Maymekh will become a skiing zone under a new project which will attract about $30 million in investments and create some 1600 jobs.
Armenia would become a rock-bottom option in the Eastern European region, maybe in the world, for citizenship through investment.
Partner news