WB: Central Bank of Armenia expects refinancing rate to be cut to 6.25% this year

YEREVAN, September 30. /ARКА/. The board of the Central Bank of Armenia kept the policy rate unchanged at 6.75 percent and announced that it expected to gradually lower the refinancing rate to approximately 6.25 percent over the next 12 months. This is stated in the World Bank’s “Armenia Monthly Economic Update – September 2025.”

The Central Bank of Armenia continuously lowered the refinancing rate from June 2023 to February 2025, gradually reducing it over this period from 10.75% to 6.75%. The regulator then maintained the rate unchanged until its latest decision on September 16, 2025.-0-

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Armenian dram strengthens against US dollar and weakens against euro and ruble

YEREVAN, August 21. /ARKA/. The average market exchange rate of the US dollar to the Armenian dram on the Armenian foreign exchange market on August 21, 2026, fell by 0.1 point to 365.16 drams compared to August 20.

S&P: Armenia’s banking sector is well capitalized and highly profitable

Armenia's banking sector remains well capitalized and highly profitable, supported by high net interest income and robust economic growth, according to a report from international rating agency S&P Global Ratings.

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.

The investment portfolio of Armenian banks in the second quarter amounted to 1.93 trillion drams, a decline of 9.5% year-to-date

The total investment portfolio of commercial banks in Armenia at the end of June 2026 amounted to 1,933,341,220 thousand drams, a decrease of 202.38 billion drams, or 9.48%, year-to-date.

Armenia’s public debt will remain stable at just above 40% in the medium term – S&P

Armenia's public debt (excluding liquid assets) will remain broadly stable at just above 40% of GDP in the medium term, according to a report from the international rating agency S&P Global Ratings.

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