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Armenia's Central Bank lowers refinancing rate to 7.25%.

Publication: Russia & CIS Business and Financial Newswire
Publication Date: 04-DEC-08
Format: Online
Delivery: Immediate Online Access

Article Excerpt
Armenia's Central Bank lowers refinancing rate to 7.25%

YEREVAN. Dec 4 (Interfax) - The Central Bank of Armenia has decided to lower the refinancing rate from 7.75% to 7.2%, Prime Minister Tigran Sarkisian said a government meeting on Thursday.

This measure is being taken to stimulate the country's economic...



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