Armenian C.Bank Keeps Refinancing Rate At 8.0 Pct

ARMENIAN C.BANK KEEPS REFINANCING RATE AT 8.0 PCT

Reuters

April 10 2012

YEREVAN, April 10 (Reuters) – Armenia’s central bank kept its key
refinancing rate unchanged at 8.0 percent on Tuesday after data showed
annual inflation remained within the government’s target for the year.

Consumer prices rose 0.1 percent last month after a decline
month-on-month of 0.9 percent in February.

The annual inflation rate stood at 2.2 percent in March, the central
bank said, below 3.0 percent recorded in February and within the
government’s target range of 2.5 percent to 5.5 percent.

(Reporting by Hasmik Lazarian; writing by Margarita Antidze in
Tbilisi; editing by Andrey Ostroukh)

http://www.reuters.com/article/2012/04/10/armenia-rate-idUSL6E8FA3YC20120410

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