The Board of the Central Bank of Armenia made a decision to keep the refinancing rate unchanged, setting it 6.0% during today’s session, the CBA told Armenpress.
The CB set Lombard Repo at 7.5%
1.0% inflation has been recorded in November, 2018, while the 12-month inflation amounted to 1.8% by the end of the month.
In the 4th quarter of 2018 he global economic growth trends are maintained under which the central banks of leading countries are gradually toughening the terms of the monetary-loan policy. At the same time, the inflationary environment of main goods has somehow weakened in the international markets.
The CB Board states that in the 4th quarter of 2018 a certain weakening of economic activity has been observed, mainly in connection with the decline of agricultural volumes and decreasing volumes of mining output. As a result, the economic activation index am...
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