Fri, 27 February
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Yerevan
USD: 377.04 RUB: 4.90 EUR: 444.91 GEL: 141.00 GBP: 510.36

Armenian central bank cut key rate by 0.5 percentage point to 7.75%

YEREVAN, May 17. /ARKA/. Armenia’s Central Bank has decided today to cut  the key refinancing rate by 0.5 percentage points, setting it at 7.75%.

Before that the Central Bank had cut its refinancing rate on 29 March 2016, lowering it by 0.25 percentage points to 8.25%. -0-

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Net profit of Armenian credit institutions in 2025 increased 2.9-fold to 56.9 billion drams

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Euro and dollar exchange rates against the Armenian dram rose, while the ruble continued to decline: Central Bank

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