Armenian central bank raises refinancing rate to 8 percent

YEREVAN, February 1. /ARKA/. The Central Bank of Armenia decided today to raise the refinancing rate by 0.25 p.p. to 8%.

It has also raised the lombard repo rate to 9.5% and the borrowing rate to 6.5%.

The last time the Central Bank changed the refinancing rate was on December 14, 2021, when it raised it by 0.5 p.p. to 7.75%. -0-

spot_img

POPULAR

Armenia’s GDP growth forecast is around 5.4-5.6% in the medium term: Finance Minister

The Armenian government forecasts stable economic growth of 5.4-5.6% annually in the medium term, stated RA Finance Minister Vahe Hovhannisyan.

Unibank’s annual general meeting of shareholders will be held today: the bank’s net profit amounted to 9.8 billion drams

On June 22, 2026, the Annual General Meeting of Shareholders of Unibank OJSC will be held.

An additional 10 billion drams will be allocated for a cashback program for pensioners in Armenia

An additional 10 billion drams will be allocated from the 2026 state budget of Armenia for a cashback program for pensioners making non-cash payments.

Members of the Board and the CEO of the Universal Health Insurance Fund have been elected in Armenia

Members of the Board of Trustees and the CEO of the Universal Health Insurance Fund have been elected in Armenia, the government press service reported.

Euro fell 1.94 points against the Armenian dram, while the dollar and ruble remained unchanged: Central Bank of Armenia

The average market exchange rate for the US dollar against the Armenian dram, formed on the Armenian foreign exchange market as of June 23, 2026, increased by 0.01 points compared to 368.08 drams on June 22.

LATEST NEWS

spot_imgspot_imgspot_img