Thu, 4 September
30.1 C
Yerevan
USD: 384.03 RUB: 4.80 EUR: 443.29 GEL: 142.29 GBP: 510.11
type here...

Central Bank of Armenia lowers refinancing rate by 0.5 percentage points to 8.75%

Banks
цб
цб

YEREVAN, January 30. /ARKA/. Armenian Central Bank  has lowered today  the refinancing rate by 0.5 percentage points, setting it at 8.75%, the regulator’s press service reported.

The Central Bank has also cut the lombard repo rate  to 10.25% and the rate at which commercial banks  attract funds to 7.25%.

This is the 6th lowering of the refinancing rate over the last 13 months–0–

spot_img

POPULAR

Capital market

Cryptocurrency in Armenia: Stringent Regulations and Elevated Expectations

The future of cryptocurrencies in Armenia was a topic of discussion among participants at the Armenian Cryptocurrency Assets Forum, which recently took place in Yerevan.
Insurance

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state
Capital market

Measures to encourage cashless transactions discussed in Armenia

The Armenian government, chaired by Prime Minister Nikol Pashinyan, convened a meeting yesterday to deliberate on initiatives aimed at promoting cashless transactions, the government press service reported.
Economy

ArCa payment system reinstated

The Armenian Card (ArCa) payment system has been completely reinstated, according to a report from the company's press service.
Banks

Acba Bank’s 66th branch launched

Acba Bank has launched its 66th branch, "Homeplex Mall". The branch is open from Monday to Sunday from 09:00 to 24:00 (cash service: 09:00-21:15).

LATEST NEWS

spot_imgspot_imgspot_img
Previous article
 Fitch expects inflation in Armenia to rise to 3.9% on average in 2024-2025
Next article
Galstyan names two factors that influenced Central Bank’s decision to lower refinancing rate