Central Bank of Armenia lowered refinancing rate by 0.25 p.p. to 8.25%

Banks

YEREVAN, April 30. /ARKA/. The Central Bank of Armenia at its April 30 meeting has lowered the refinancing rate by 0.25 percentage points, setting it at 8.25%, the regulator’s press service reports.

The Central Bank has also lowered  the lombard repo rate to 9.75%.

This is the 8th lowering of the refinancing rate since June last year: -0-

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