Yerevan /Mediamax/. There will be no abrupt decrease of refinancing rate, Deputy Chairman of the Central Bank of Armenia Vache Gabrielyan stated in Yerevan today.

Mediamax reports that however he did not rule out the possibility of decreasing rate in the course of the year, basing on inflationary pressures.

On March 10, the Board of the Central Bank left unchanged the refinancing rate, establishing it at the level of 7.75%.