Yerevan, September 4 /Mediamax/. The Board of the Central Bank of Armenia made no changes to the CB refinancing rate establishing it at the level of 4.75%.

As Mediamax was told in the press service of the Armenian Central Bank, the corresponding decision was made by the CB Board during its meeting today.

In July 2007, as compared to June, there was 1.5% deflation registered. The index of inflation in the course of one year made 1.6% instead of the planned 4%.

The CB Board noted that the mild increase of external inflation pressures will continue.