{"id":83250,"date":"2014-12-26T10:33:56","date_gmt":"2014-12-26T10:33:56","guid":{"rendered":"https:\/\/armbanks.am\/2014\/12\/26\/242160\/"},"modified":"2024-12-15T13:15:40","modified_gmt":"2024-12-15T13:15:40","slug":"ulyukaev-key-interest-rate-should-be-lowered-throughout-1st-q-2015","status":"publish","type":"post","link":"https:\/\/armbanks.am\/en\/2014\/12\/26\/83250\/","title":{"rendered":"Ulyukaev: key interest rate should be lowered throughout 1st Q 2015"},"content":{"rendered":"<p><strong>YEREVAN, December 26. \/ARKA\/.<\/strong> Russian Economic Development Minister Alexey Ulyukaev proposes the central bank to down its key interest rate throughout the first quarter of them next year, according to Banki.ru.<\/p>\n<p>\u201cThe rate is extremely high now and it should be lowered throughout the 1st Q 2015,\u201d he told journalists on Thursday.<\/p>\n<p>The minister also presumed that banks still have resources to maintain former or close to them interest rates on loans in the first quarter.<\/p>\n<p>Besides, he said, no transition to inflation targeting has happened until now and will not happen in 2015.<br \/>\n\u201cWe have no inflation targeting and won\u2019t have it in 2015,\u201d Ulyukaev said. \u201cWhat we do now is return to foreign exchange rate targeting and increase of the rate is a pure targeting of the exchange rate.\u201d<\/p>\n<p>On December 16, Russia\u2019s central bank, reacting to a sharp dive of the ruble, raised its key interest rate from 10.5% to 17%. &#8211;0&#8211;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Russian Economic Development Minister Alexey Ulyukaev proposes the central bank to down its key interest rate throughout the first quarter of them next year, according to Banki.ru<\/p>\n","protected":false},"author":1,"featured_media":157043,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","tstyn_error":""},"categories":[9214,9216],"tags":[12146,13828],"class_list":{"0":"post-83250","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-russia","10":"tag-ulyukaev"},"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/83250","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=83250"}],"version-history":[{"count":0,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/83250\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media\/157043"}],"wp:attachment":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media?parent=83250"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/categories?post=83250"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/tags?post=83250"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}