There is also an outlook for inflation – aimed at 4 percent in the coming quarter.
Central Bank's recent decision on the reduction of refinancing rate is determined by the growing confidence towards the banking system, economy activity and other indicators, said Head of Central Bank department Andranik Grigoryan at a press-conference.
There is also an outlook for inflation – aimed at 4 percent in the coming quarter. Central Bank does not consider it appropriate to cause a faster growth of inflation.
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