September 10, 2019 - 18:05 AMT
Refinancing rate in Armenia cut to 5.50%

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.