RA Central Bank does not change refinancing rateMarch 10, 2009 - 21:18 AMT PanARMENIAN.Net - During the meeting as of March 10, the RA Central Bank Council made a decision not to change the refinancing rate and to leave it on the level of 7,75%, the RA Central Bank press-service reported to PanARMENIAN.Net The Central Bank Council thinks that the assessments regarding the inflation pressures, preconditioned by the devaluation of national currency and presented at the Council's special meeting as of March 3, remain realistic. In the very case, the previous increase of the rates by 1.0 points, at present provides a reasonable combination of deviation decrease from the target inflation level and assistance for economic growth. Besides, the Council did not eliminate further updating of percentage rates in case they maintained today's internal and external economic developments. Top stories Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”. Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision. The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision. Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion. Partner news | Armenia Security Council chief traveling to Qatar Secretary of the Security Council of Armenia Armen Grigoryan will travel on a working visit to Qatar. Pillars installed in Armenian border village of Kirants In the Armenian village of Kirants, three border markers have been installed, and border guards stand next to them. Armenian Foreign Minister regrets “tragic loss” of Iranian counterpart The Armenian Foreign Ministry has expressed shock over the death of the Iranian President and the Minister of Foreign Affairs. Armenian PM sends condolences to Iran Prime Minister Nikol Pashinyan sent a message of condolence to the Supreme Leader Seyyed Ali Khamenei. |