Armenian central bank raises refinancing rate to 5.5%

YEREVAN, February 2. /ARKA/. Armenia’s Central Bank has decided today to raise the refinancing rate by 0.25% setting it at 5.5%.

According to the press service of the regulator, the pawnshop repo rate provided by the Central Bank was 7%, and the rate on funds attracted from other banks was 4%.

Before that the Central Bank changed the refinancing rate on December 15, 2020, increasing it by 1.0 percentage points, to 5.25%. -0-

spot_img

POPULAR

Euro, dollar, and ruble exchange rates against the Armenian dram have fallen: Central Bank

The average market exchange rate for the US dollar to the Armenian dram, determined on the Armenian foreign exchange market as of July 23, 2026, fell by 0.94 points compared to July 22, to 365.95 drams.

Moody’s Affirms Armenia’s Rating at Ba3 and Improves Outlook to Positive

The international rating agency Moody's Ratings has revised the outlook on Armenia's sovereign rating from stable to positive, affirming its long-term issuer ratings in both local and foreign currencies at Ba3.

“ML Fashion” issues bonds: distributor: “Cube Invest”

“ML Fashion” LLC, operating in Armenian fashion retail market, announces public issuance of nominal coupon bonds. The underwriter of the issue is “Cube Invest” investment company.

World Bank does not see significant risks in Armenia’s public debt rising to 50% of GDP

Armenia's public debt could increase to approximately 50% of GDP by the end of 2026, but the World Bank does not view this level as a significant threat to the country's macroeconomic stability, said Armine Manukyan, Senior Economist at the World Bank.

World Bank forecast inflation in Armenia at 4.6% in 2026: key factors identified

The World Bank forecasts inflation in Armenia at 4.6% by the end of 2026, up from 3.3% a year earlier, said Armine Manukyan, Senior Economist at the World Bank.

LATEST NEWS

spot_imgspot_imgspot_img