April 28, 2020 / 12:07 PM / a month ago

Armenia central bank cuts key refinancing rate to 5.0%

YEREVAN, April 28 (Reuters) - Armenia’s central bank on Tuesday cut its key refinancing rate to 5.00% from 5.25%, the bank said in a statement.

The central bank cut the refinancing rate to 5.25% from 5.5% in March after holding it unchanged in January.

Armenia’s consumer price index rose by 0.5% in March month-on-month and was down 0.1% year-on-year.

The central bank will hold its next meeting on rates on June 16. (Reporting by Margarita Antidze and Nvard Hovhannisyan; Writing by Margarita Antidze; Editing by Jon Boyle)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below