Tue, 28 October
9.1 C
Yerevan
USD: 382.70 RUB: 4.81 EUR: 445.50 GEL: 140.80 GBP: 510.64

Central Bank of Armenia has kept the refinancing rate at 6.75% for the fifth time in a row

YEREVAN, September 16. /ARKA/. At its meeting on September 16, the Board of the Central Bank of Armenia left the refinancing rate unchanged at 6.75%.

The Lombard repo rate has also remained unchanged at 8.25% and the rate for attracting funds at 5.25%, the regulator’s press servireported.

This is the fifth time since June 2023 that the refinancing rate has remained unchanged.

On June 13, 2023, the Central Bank set the rate at 10.5%, decreasing it by 0.25 percentage points, on August 1 it lowered it to 10.25%, on September 12 – to 9.75%, on October 31 – to 9.5%, on December 12 – to 9.25%, on January 30, 2024 – to 8.75%, on March 12 – to 8.5%, on April 30 – to 8.25%, on June 11 – to 8%, on July 30 – to 7.75%, on September 10 – to 7.50%, on October 29 – to 7.25%, on December 10 – to 7%, and on February 4 – to 6.75%.

spot_img

POPULAR

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Moody’s upgrades Converse Bank’s ratings

Moody's Ratings has upgraded Converse Bank CJSC's long-term local and foreign currency bank deposit ratings to Ba3 from B1, aligning the Bank’s rating with Armenia’s sovereign rating.

“We want the word ‘investor’ in Armenia to mean normality, not elitism” – Freedom Broker Armenia

ARKA news agency spoke with Freedom Broker Armenia Director Ovak Ovakimian about the transformation of investment thinking, company strategy and trust as an economic value.

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.

The UAE instead of Europe : why Armenia needs to change its approach to crypto regulation – EXCLUSIVE

The Armenian Forum on Cryptocurrency Assets, organized by the Cilicia Business Club, was recently conducted in Yerevan.

LATEST NEWS

spot_imgspot_imgspot_img