{"id":114947,"date":"2018-07-06T14:34:49","date_gmt":"2018-07-06T14:34:49","guid":{"rendered":"https:\/\/armbanks.am\/2018\/07\/06\/247638\/"},"modified":"2024-12-15T13:34:18","modified_gmt":"2024-12-15T13:34:18","slug":"central-bank-of-armenia-may-reduce-key-refinancing-rate-by-1-5-2-percent-economist-says","status":"publish","type":"post","link":"https:\/\/armbanks.am\/en\/2018\/07\/06\/114947\/","title":{"rendered":"Central bank of Armenia may reduce key refinancing rate by 1.5-2 percent, economist says"},"content":{"rendered":"<p><strong>YEREVAN, July 6. \/ARKA\/.<\/strong> Armenia\u2019s Central Bank may reduce the key refinancing rate by 1.5-2% in the medium term, Atom Margaryan, the head of the Center for Innovative and Institutional Research&lt; told journalists on Friday.<\/p>\n<p>According to him, the new government\u2019s crackdown on corruption, the cut in government spending and other steps will lead to a reduction in risks, including credit risks. In such circumstances, it will be correct for the Central Bank to conduct an expansionary and even a slightly more risky monetary and credit policy.<\/p>\n<p>&#8220;It is clear that inflation risks are always there in the economy, but if there are systemic changes, the regulator may try to lower the refinancing rate by 1.5-2% and to lower also the mandatory statutory reserve for local commercial banks, thereby contributing to a reduction in lending rates,&#8217; said Margaryan.<br \/>\nArmenian Central Bank decided on June 26 to leave the refinancing rate unchanged at 6%. In March 2017, the Central Bank suspended the easing of monetary policy, setting the refinancing rate at 6%. &#8211;0&#8211;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Armenia\u2019s Central Bank may reduce the key refinancing rate by 1.5-2% in the medium term, Atom Margaryan, the head of the Center for Innovative and Institutional Research< told journalists on Friday\n<\/p>\n","protected":false},"author":1,"featured_media":157472,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","tstyn_error":""},"categories":[9214,9216],"tags":[15837,15865,12669,310],"class_list":{"0":"post-114947","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-banks-en-en","8":"category-news","9":"tag-armenia-2","10":"tag-central-bank-2","11":"tag-refinancing-rate","12":"tag-310"},"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/114947","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/comments?post=114947"}],"version-history":[{"count":0,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/114947\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media\/157472"}],"wp:attachment":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media?parent=114947"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/categories?post=114947"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/tags?post=114947"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}