Central bank of Armenia cuts refinancing rate to 5.75%

YEREVAN, January 29. /ARKA/. Armenia’s Central Bank at a meeting on Tuesday decided to cut the refinancing rate by 0.25 percentage points to 5.75%.

The previous time the regulator reviewed the refinancing rate was in March 2017, when it suspended the easing of monetary policy, setting the rate at 6%. -0-

spot_img

POPULAR

IKO MACHINERY LLC issues bonds totaling 1.1 billion drams, with Cube Invest serving as placement arranger

YEREVAN, August 13. /ARKA/. By Decision No. 1/305 A issued by the Chairman of the Central Bank of the Republic of Armenia on July 15, 2026, the Program Prospectus for the nominal coupon bonds of IKO MACHINARY LLC has been officially registered.

Euro and ruble drop against Armenian dram, as US dollar rises

YEREVAN, August 11. /ARKA/. The average market exchange rate of the US dollar to the Armenian dram on the Armenian foreign exchange market increased by 0.19 points on August 11, 2026, compared to August 10, to 366.07 drams.

Central Bank of Armenia warns of fraudulent schemes involving bank accounts

YEREVAN, August 17. /ARKA/. Recently, there has been an increase in cases of criminals luring citizens into suspicious financial transactions using their bank accounts or cryptocurrency accounts, as well as e-wallets or cards to transfer criminally obtained funds, in order to conceal their true origin and beneficiaries, according to a statement from the Central Bank of Armenia's press service.

Central Bank of Armenia unveils two more draft regulations for cryptoasset regulation for public discussion

YEREVAN, August 13. /ARКА/. The Central Bank of Armenia has unveiled two more draft regulations for public discussion.

Acba Bank has issued over 1 million cards, solidifying its leadership in Armenia

YEREVAN, August 17. /ARKA/. For more than five years, Acba Bank has held the top spot in the Armenian card market. As of May 2026, the total number of cards issued by the bank surpassed 1 million, as reported by the bank's press service.

LATEST NEWS

spot_imgspot_imgspot_img