Armenia’s central bank raises refinancing rate by 0.5% to 7.75%

Banks
цб
цб

YEREVAN, December 14. /ARKA/. Armenian Central Bank’s Board has decided today to raise the refinancing rate by 0.5% to 7.75%.

According to the regulator, the Lombard repo rate was raised to 9.25% and the borrowing rate to 6.25%.

On September 14, 2021 the Central Bank had reviewed the refinancing rate by raising it by 0.25 p.p. to 7.25%. -0-

spot_img

POPULAR

Announces

”Araks” poultry farm produces 10 tons of poultry meat and 400 thousand eggs daily, its partner is Acba Leasing

For about 30 years, the Araks poultry farm has been providing the Armenian market with fresh poultry meat and eggs every day.
Banks

Strong banks’ capital and liquidity positions mitigate risks to Armenia’s financial stability – Fitch

Risks to financial stability in Armenia are mitigated by banks' strong capital and liquidity positions, according to the international ratings agency Fitch Ratings.
Economy

MONEYVAL does not pose a direct threat to the Armenian economy, but requires balanced implementation of its recommendations – economist

The recommendations of the MONEYVAL report on Armenia do not pose a direct threat to the country's economy, but their implementation must be proportionate and not create unjustified barriers for bona fide businesses and investors, according to economist Hrant Mikaelyan.
Exchange market

Dollar and euro exchange rates against the Armenian dram rose, while the ruble weakened: Central Bank

The average market exchange rate for the US dollar against the Armenian dram, determined on the Armenian foreign exchange market as of July 15, 2026, rose by 0.51 points compared to July 14, reaching 367.25 drams.
Exchange market

Euro continued to rise against the Armenian dram, while the dollar and ruble weakened: Central Bank

The average market exchange rate for the US dollar to the Armenian dram, formed on the Armenian foreign exchange market as of July 16, 2026, fell by 0.6 points compared to July 15, reaching 366.57 drams.

LATEST NEWS

spot_imgspot_imgspot_img
Previous article
Armenian securities market grows 25% in 12 months to 169 billion drams
Armenian securities market grows 25% in 12 months to 169 billion drams
Next article
Central bank predicts 8.4-8.5% inflation for 2021
Central bank predicts 8.4-8.5% inflation for 2021