 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 The export of fruit wines from Armenia grew by 41% in the first seven months of 2019 against the same period last year. Sellers said: “It has been a tough year for many thousands of direct and indirect stakeholders in the Amulsar Project." The United States Department of Commerce has blacklisted two Armenian entities, according to a notice. A corresponding decision has already been approved, Security Council Secretary Armen Grigoryan said.   Partner news |  Latest news Russia readying to stop servicing Armenian Railways  Russian state-owned railway company Russian Railways is preparing to break the agreement with the Armenian authorities.Court upholds decision to keep Armenia ex-President in custody Both Kocharyan's supporters and opponents are currently protesting in front of the court in the Armenian capital.Study: Dreams help the brain forget useless memories When you sleep, your brains clear out the memories you've made while you're awake, deciding what to keep and what to discard.Queen Elizabeth congratulates Armenia on Independence Day Her Majesty the Queen has sent a congratulatory message to President Armen Sarkissian on the country's Independence Day. |
