YEREVAN, May 3. /ARKA/. The governing board of Armenia’s Central Bank has decided today to leave the refinancing rate unchanged at 9.25%.
According to the regulator’s press service, the Lombard repo rate has not been changed either. It is now 10.75%. The funds attraction rate is 7.75%.
The Central Bank raised the refinancing rate on March 15 by 1.25 p.p. to 9.25% citing uncertainty and risks for the country’s economy stemming from Western sanctions imposed against Russia over the war in Ukraine.. –0–
