{"id":22935,"date":"2011-05-10T12:38:19","date_gmt":"2011-05-10T12:38:19","guid":{"rendered":"https:\/\/armbanks.am\/2011\/05\/10\/232946\/"},"modified":"2024-12-15T12:51:16","modified_gmt":"2024-12-15T12:51:16","slug":"armenias-central-bank-keeps-refinancing-rate-unchanged-at-8-25-percent","status":"publish","type":"post","link":"https:\/\/armbanks.am\/en\/2011\/05\/10\/22935\/","title":{"rendered":"Armenia\u2019s Central Bank keeps refinancing rate unchanged at 8.25 percent"},"content":{"rendered":"<p><strong>YEREVAN, May 10, \/ARKA\/. <\/strong>Armenia\u2019s Central Bank said today it has kept its benchmark refinancing rate unchanged at 8.25 percent. A Central Bank statement said on a monthly basis the inflation in April 2011 rose by 0.2% from March and the annual inflation rate stood at 8.9 percent, dropping by 2.6 percentage point from the previous month\u2019s indicator.<\/p>\n<p>The statement said despite the ongoing uncertainty at global food and commodity markets, prices in April showed a stabilization trend. The Central Bank Board said it expects local food prices to go down due to favorable climatic conditions and a set of implemented and ongoing agricultural projects thanks to increased supplies.<\/p>\n<p>The Board also said that all this together with lowering interest rates will be helping to bring the inflation rate to the projected target of 4\u00b11.5%.<\/p>\n<p>The previous increase on the refinancing rate took place on March 4, 2011 when the bank raised it by 0.25% p.p. to 8.25%. Armenia\u2019s refinancing rate was raised five times throughout 2010. As a result, the rate increased from an initial 5% to 7.25%. -0-<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Armenia\u2019s Central Bank keeps refinancing rate unchanged at 8.25 percent.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","tstyn_error":""},"categories":[9214,9216],"tags":[15837,12361,12160,310],"class_list":{"0":"post-22935","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-banks-en-en","7":"category-news","8":"tag-armenia-2","9":"tag-cba","10":"tag-rate","11":"tag-310"},"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/22935","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=22935"}],"version-history":[{"count":0,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/22935\/revisions"}],"wp:attachment":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media?parent=22935"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/categories?post=22935"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/tags?post=22935"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}