Yerevan, November 2 /Mediamax/. The Board of the Central Bank (CB) of Armenia left the refinancing rate unchanged - 4,75%.

As Mediamax was told in the CB press service, during the session of the Board of the Central Bank, which took place on October 31, it was noted that, despite the tendency for decrease and stabilization of the international oil prices, the external inflationary pressure preserves.

During the session of the CB Board it was also noted that the high level of economic growth, which is secured mainly by the spheres of construction and services, is accompanied by the increase of the incomes of the Armenian population, which, together with the growth of the volumes of external transfers, creates the inflationary pressure.

At the same time, the members of the CB Board think that, despite the existing inflationary pressure, in the nearest 12 months the inflation will be on the targeted level - 4±1.5 %.