Economics

Armenia’s Central Bank leaves refinancing rate unchanged

The Central Bank of Armenia (CBA) has  decided to keep its key refinancing rate unchanged at 6 percent.

According to CBA, Armenia’s consumer prices were down 0.3 percent in April in month-on-month terms, but rose by 2.4 percent year-on-year.

That compares with a rise of 0.1 percent in March in month-on-month terms and a 3.7 percent increase in year-on-year terms.

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