 Refinancing rate in Armenia cut to 5.50% September 10, 2019 - 18:05 AMT PanARMENIAN.Net - The Armenian Central Bank on Tuesday, September 10 cut its key refinancing rate to 5.50% from 5.75%. The country's consumer price index declined 0.4% in August month-on-month, but was up 0.6% year-on-year, the bank said. The central bank will hold its next meeting on rates on October 29.   Top stories Masdar has entered into a formal agreement with Anif to develop 400 MW solar power projects in Armenia. Armenia hopes to reach an economic growth rate of 7-9% over the period of 2020-22, PM Nikol Pashinyan said. The meeting specifically focused on the possibility of investing and implementing new projects in the future. The export of fruit wines from Armenia grew by 41% in the first seven months of 2019 against the same period last year.   Partner news |  Latest news Victoria Falls dries after worst drought in a century  But the worst drought in a century has slowed the waterfalls to a trickle, fueling fears that climate change could kill one of the waterfall.World’s top-earning musicians Of 2019 revealed Taylor Swift and Kanye West have had a relationship that could be best described as star-crossed.130 ceasefire violations by Azerbaijan registered in past week The Karabakh soldiers continue controlling the situation on contact line and protecting their positions.Armenia's Sargissian wins European Rapid Chess Championship Armenian grandmaster Gabriel Sargissian has won the European Rapid Chess Championship held in Tallinn. |
