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Armenia’s Central Bank Raises Economic Growth Projection: Business Week Armenia

  • Armenia’s Central Bank lowered its benchmark interest rate for the first time in more than two years, as inflation in the country continues to ease.
  • Armenia’s monetary authorities hiked the country’s projected economic growth this year to almost 7%.
  • A senior Armenian official did not deny the accuracy of reports that some Armenian banks have started to block Russian firms from making payments for electronics imports.

Credits: Ruptly

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