CENTRAL BANK LEFT 5% REFUNDING LEVEL UNCHANGED

PanARMENIAN.Net
10.11.2009 18:50 GMT+04:00

/PanARMENIAN.Net/ In a board session convened today, RACentral Bank
made decision to leave current refunding level at 5%, RA CBA press
service reports.

According to the Bank’s release, inflation rate in September increased
by 0.5% compared to August and 3.5% – on annual level. Forecasting
further economic growth, CBA board finds that current interest rate
of refunding maximum contributes to economy’s rapid recovery, without
posing threat to stability of prices.