Tweet
CENTRAL BANK: INFLATION RATE IN ARMENIA TO RANGE FROM 1,5% TO 2% IN MARCH
ARKA
March 31, 2009
YEREVAN, March 31. /ARKA/. Vache Gabrielyan, chairman of the Central
Bank of Armenia, expects inflation rate in Armenia to range from 1,5%
to 2% in March.
Speaking at a press conference on Tuesday, he said he expected some
inflation pressure.
It means that interest rates are unlikely to go down.
On March 3, the Central Bank's board drove interest rate 1.0 percentage
points up - to 7.75%.
As a whole, Gabrielyan doesn't rule out decrease in interest rates
this year and connects things with inflation pressure.
ARKA
March 31, 2009
YEREVAN, March 31. /ARKA/. Vache Gabrielyan, chairman of the Central
Bank of Armenia, expects inflation rate in Armenia to range from 1,5%
to 2% in March.
Speaking at a press conference on Tuesday, he said he expected some
inflation pressure.
It means that interest rates are unlikely to go down.
On March 3, the Central Bank's board drove interest rate 1.0 percentage
points up - to 7.75%.
As a whole, Gabrielyan doesn't rule out decrease in interest rates
this year and connects things with inflation pressure.