Central Bank of Armenia lowers refinancing rate to 8.5%

Banks

YEREVAN, March 12. /ARKA/. The Central Bank of Armenia has cut today the refinancing rate by 0.25 percentage points, setting it at 8.5%, the regulator’s press service reports.

It has also lowered  the lombard repo rate to 10% and the loan attraction rate to 7%.

This is the 7th lowering of the refinancing rate since June last year. The previous one was was on January 30, 2024. -0-

spot_img

POPULAR

Banks

Armbanks Weekly Digest: Key Events in Armenia’s Financial Market (August 10-16)

YEREVAN, August 17. /ARKA/. Armenia's financial agenda last week focused on setting up payment and cryptocurrency infrastructure, capital market activity, and the parameters of the next stage of universal health insurance.
Exchange market

US dollar, euro, and ruble up against  Armenian dram

YEREVAN, August 20. /ARKA/. The average market exchange rate for the US dollar to the Armenian dram on the Armenian foreign exchange market as of August 20, 2026, increased by 0.3 points to 365.26 drams compared to August 19.
Capital market

“Solis” CJSC’s bonds listed on Armenia Stock Exchange

YEREVAN, August 18. /ARKA/. The range of companies listed on the Armenia Stock Exchange (AMX) continues to expand, contributing to the development of the capital market and creating new opportunities for businesses.
Capital market

Shares of Noubar Afeyan’s Moderna soared 124% on news of a successful cancer vaccine trial

YEREVAN, August 20. /ARKA/. Shares of the biotech company Moderna soared 123.6% at the start of trading in the US on August 19, reaching a peak of $140.77, according to trading data. Shares of the pharmaceutical company Merck also rose 11.6% to $150.85, according to Forbes.ru.
Capital market

Armenia set to enhance development of its capital market, targeting large issuers and new investors

YEREVAN, August 20. /ARKA/. The Armenian government prioritizes diversifying funding sources and advancing the capital market to foster sustainable and productive economic growth.

LATEST NEWS

spot_imgspot_imgspot_img
Previous article
Total volume of transactions on AMX in 2023 decreased to 185 billion drams
Total volume of transactions on AMX in 2023 decreased to 185 billion drams
Next article
инфляция, экономика, бизнес
Inflation in Armenia will not approach 4% in the first quarter – head of Central Bank