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

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

Armenian authorities plan to reduce public debt to below 45% of GDP in the coming years: minister

Armenia plans to reduce public debt to below 45% of GDP in the coming years, Finance Minister Vahe Hovhannisyan announced in parliament.

Armenia records an influx of capital and growing interest from international investors – Central Bank head

Armenia is experiencing a significant influx of capital and growing interest from international investors, said Martin Galstyan, Chairman of the Central Bank of Armenia.

Central Bank of Armenia maintains the refinancing rate at 6.5% for the fifth consecutive time

At its meeting on June 16, the Central Bank's Board left the refinancing rate unchanged at 6.5% for the fifth consecutive time, the regulator's press service reported.

Central Bank of Armenia’s updated strategy does not include gold in its reserves: Galstyan

The Central Bank of Armenia has reviewed its approach to managing international reserves and decided not to include gold in them, stated Central Bank Chairman Martin Galstyan.

Armenia to increase participant limit for private investment funds from 49 to 99

The National Assembly of Armenia adopted an amendment to the law "On Investment Funds" in its first reading at its session on Thursday.

LATEST NEWS

spot_imgspot_imgspot_img