Armenia’s central bank cuts refinancing rate by 0.5 percent to 9.75%

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YEREVAN, November 10. / ARKA /. The Central Bank of Armenia on Tuesday decided to lower the refinancing rate by 0.5 percentage points to 9.75%.

The previous cut of the refinancing rate was on August 11, 2015, when the key rate was reduced from 10.5% to 10.25%. -0-

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Armenia’s Central Bank cuts key rate by 0.5 percent to 9.75%