CBA KEEPS REFUNDING LEVEL UNCHANGED

PanARMENIAN.Net
08.12.2009 17:04 GMT+04:00

/PanARMENIAN.Net/ At a board session convened today, CBA board council
resolved to keep current refunding level at 5%, RA CBA press service
reports.

According to the Bank’s release, inflation rate in November increased
by 1,2% compared with October, with an annual inflation of 4.6%.

In uncertain economic circumstances, CBA board refrains from
introducing more strict terms for sound monetary policy.