Fri, 3 October
13.1 C
Yerevan
USD: 383.34 RUB: 4.70 EUR: 450.50 GEL: 140.80 GBP: 516.82

Market expects refinancing rate to decrease in annual perspective – Central Bank of Armenia

YEREVAN, March 24. /ARКА/. Compared to previous surveys, market participants’ expectations regarding the Central Bank of Armenia’s refinancing rate have slightly adjusted downwards, reflecting the trajectory of a gradual reduction in the refinancing rate over the next eight decisions. This is stated in the Central Bank of Armenia’s monetary policy statement.

“The yield curve has shifted slightly downward, also reflecting a gradual adjustment in inflation expectations due to the lowering of the inflation target. At the same time, according to the Central Bank’s estimates, in addition to the market’s expectations for the rate, various risk factors are also reflected in the current yield curve indicators,” the statement reads.

The regulator makes decisions on the refinancing rate eight times a year. On March 18, the Central Bank’s Board concluded the current cycle of reducing the refinancing rate for the first time since June 2023, leaving it unchanged at 6.75%.

spot_img

POPULAR

Net loan portfolio of Armenian banks in Q2 2025 increased by 6.11% to AMD 6.8 trillion

The combined loan portfolio of 17 Armenia-based commercial banks upped  by 6.11% in Q2 2025 compared to Q1 2025, amounting to AMD 6.82 trillion, according to a ranking compiled by  the ARKA news agency.

Ranking of the most profitable banks in Armenia based on results of second quarter of 2025

ARKA news agency publishes the ranking of the most profitable commercial banks in Armenia based on the results of the second quarter of 2025.

Ranking of most profitable banks in Armenia based on results of first quarter of 2025

ARKA news agency publishes the ranking of the most profitable commercial banks in Armenia based on the results of the first quarter of 2025.

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

LATEST NEWS

spot_imgspot_imgspot_img