{"id":95349,"date":"2016-02-16T11:36:18","date_gmt":"2016-02-16T11:36:18","guid":{"rendered":"https:\/\/armbanks.am\/2016\/02\/16\/244219\/"},"modified":"2024-12-15T13:22:17","modified_gmt":"2024-12-15T13:22:17","slug":"armenian-regulator-may-down-refinancing-rate-newspaper","status":"publish","type":"post","link":"https:\/\/armbanks.am\/en\/2016\/02\/16\/95349\/","title":{"rendered":"Armenian regulator may down refinancing rate \u2013 newspaper"},"content":{"rendered":"<p><strong>YEREVAN, February 16. \/ARKA\/.<\/strong> The Central Bank of Armenia is likely to lower the refinancing rate, according to Haykakan Zhamanak.<\/p>\n<p>The central bank\u2019s board members will gather today to discuss reasons to do this.<\/p>\n<p>The regulator changed the rate on December 22, 2015 lowering it from 9.75% to 8.75%.<\/p>\n<p>According to the newspaper, the decrease of the refinancing rate is theoretically to drive interest rates on commercial banks\u2019 loans for individuals and corporate clients down.<\/p>\n<p>This became possible thanks to a slight deflation in last two months, and a sharper decrease in prices would give grounds for a more significant rate lowering.<\/p>\n<p>However, this is impossible in our country because of high monopolization and the lack of competition.<\/p>\n<p>That is why unprecedented fall in world prices have absolutely no impacts on things in Armenia, and therefore the Armenian regulator has to be cautious in lowering the rate. &#8211;0&#8212;-<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Central Bank of Armenia is likely to lower the refinancing rate, according to Haykakan Zhamanak<\/p>\n","protected":false},"author":1,"featured_media":157177,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","tstyn_error":""},"categories":[9214,9216],"tags":[15837,15865,12669,13740],"class_list":{"0":"post-95349","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-regulator"},"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/95349","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=95349"}],"version-history":[{"count":0,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/95349\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media\/157177"}],"wp:attachment":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media?parent=95349"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/categories?post=95349"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/tags?post=95349"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}