{"id":117881,"date":"2018-12-18T13:33:49","date_gmt":"2018-12-18T13:33:49","guid":{"rendered":"https:\/\/armbanks.am\/2018\/12\/18\/248123\/"},"modified":"2024-12-15T13:36:04","modified_gmt":"2024-12-15T13:36:04","slug":"no-revision-of-key-rate-in-next-6-months-central-bank-of-armenia-says","status":"publish","type":"post","link":"https:\/\/armbanks.am\/en\/2018\/12\/18\/117881\/","title":{"rendered":"No revision of key rate in next 6 months, central bank of Armenia says"},"content":{"rendered":"<p><strong>YEREVAN, December 18, \/ARKA\/.<\/strong> The Central Bank of Armenia is not planning a revision of the key refinancing rate in the next six months, a Central Bank Board member Artur Stepanyan told reporters on Tuesday.<\/p>\n<p>He said amid the current low inflationary environment the Central Bank will maintain the expansionary monetary policy.<\/p>\n<p>&#8220;This means that in the coming months, in all likelihood, we will not make changes to the refinancing rate,&#8221; said Stepanyan. According to him, the future moves will depend on the development of events after the mid 2019. &#8220;However, before that, we will keep the expansionary policy within 6%, at least in the near future,&#8221; said Stepanyan.<\/p>\n<p>The Central Bank began to gradually lower the refinancing rate from the second half of 2015 after a protracted period of tight policies. As a result, the rate decreased from 10.5% in June 2015 to 6% in February 2017. During this period, the regulator reduced the refinancing rate 12 times, including 8 times in 2016. In March 2017, the Central Bank set the refinancing rate at 6%, which has been preserved until now.-0-<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Central Bank of Armenia is not planning a revision of the key refinancing rate in the next six months, a Central Bank Board member Artur Stepanyan told reporters on Tuesday<\/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":[12139,9216],"tags":[15837,15865,12669,310],"class_list":{"0":"post-117881","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy-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\/117881","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=117881"}],"version-history":[{"count":0,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/117881\/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=117881"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/categories?post=117881"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/tags?post=117881"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}