Central Bank of Armenia lowers refinancing rate to 6.75%

YEREVAN, February 4. /ARKA/. At its meeting on February 4, the Board of the Central Bank of Armenia reduced the refinancing rate by 0.25 percentage points, setting it at 6.75%.

The Lombard repo rate was also lowered to 8.25%, and the rate for attracting funds was set at 5.25%, according to the regulator’s press service.

This marks the 14th consecutive reduction in the refinancing rate, beginning in June 2023.

To illustrate the timeline: on June 13, 2023, the Central Bank set the rate at 10.5%, reducing it by 0.25 percentage points. On August 1, the rate was lowered to 10.25%, followed by further reductions: to 9.75% on September 12, to 9.5% on October 31, to 9.25% on December 12, and to 8.75% on January 30, 2024. Other subsequent reductions occurred on March 12 (8.5%), April 30 (8.25%), June 11 (8%), July 30 (7.75%), September 10 (7.50%), October 29 (7.25%), and December 10 (7%).

spot_img

POPULAR

Euro, dollar, and ruble exchange rates fell against the Armenian dram, according to the Central Bank of Armenia

The average market exchange rate for the US dollar against the Armenian dram, determined on the Armenian foreign exchange market, decreased by 0.06 points to 360.34 drams on November 6, 2026, compared to November 5.

Armenia’s fiscal policy in 2027 will restrain aggregate demand: Central Bank Governor

Armenia's fiscal policy in 2027, if economic growth remains slightly above the long-term sustainable level, will have a certain restraining effect on aggregate demand, stated Central Bank Governor Martin Galstyan, presenting the regulator's conclusion on next year's draft state budget to parliament.

CUBE INVEST becomes the first investment company to list AMD 5 billion worth of bonds on AMX

An important precedent has been set in the Armenian capital market: for the first time, an investment company has listed its bonds on the Armenian Securities Exchange (AMX).

Central Bank of Armenia continued its rate hike amid prevailing inflation risks – Galstyan

The Board of the Central Bank of Armenia has decided to continue its policy of raising interest rates, taking into account the likelihood of scenarios involving increased inflation risks, stated Central Bank Chairman Martin Galstyan.

Market capitalization in October amounted to 380.4 billion drams – Armenia Securities Exchange

Equity market capitalization in October 2026 amounted to approximately 380.4 billion drams, the press service of the Armenia Securities Exchange (AMX) reported.

LATEST NEWS

spot_imgspot_imgspot_img