YEREVAN, August 3. /ARKA/. Armenia’s Central Bank said today its Executive Board has raised the key refinancing rate by 0.5 percentage points, setting it at 7%.
It said also that the Lombard repo rate provided by the Central Bank is 8.5%, and the rate on funds attracted by the Central Bank from other banks is 5.5%.
The Central Bank had already upped the refinancing rate on June 15, 2021, increasing it by 0.5 percentage points to 6.5%. -0-
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