Armenia’s Central Bank keeps refinancing rate unchanged

The Central Bank of Armenia (CBA) has kept its key refinancing rate at 10.25 percent.

Annual inflation in Armenia was at 3.6 percent in August, down from 4.2 percent in July, according to CBA data.

The government forecasts annual inflation in a range of 2.5-5.5 percent in 2015, the same as last year’s target.

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