YEREVAN. - The Board of Armenian Central Bank on Tuesday kept the 8 percent refinancing rate unchanged. According to Central Bank, the coming months will see decrease of inflation rates
As for September 2011, the 12-month inflation made 6.2%. Inflation rate was within 4 +/-1.5 percent presumable range only in August 2011.
In its refinancing statement the Central Bank made a more positive forecast, predicting an abrupt decrease of inflation.
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