Sun, 31 August
30.1 C
Yerevan
USD: 384.03 RUB: 4.80 EUR: 443.29 GEL: 142.29 GBP: 510.11

Daily Archives: Aug 18, 2021

Armenian central bank explains why it raised key rate by 0.5 p.p.

Armenia’s Central Bank said the August 3 decision to raise the refinancing rate by 0.5 percentage points, not by 0.25 percentage points as suggested by some members of the Executive Board and setting it at 7% was backed by the overwhelming majority of the Board