Central Bank of Armenia leaves refinancing rate unchanged at 6.75% for sixth consecutive time

YEREVAN, November 4. /ARKA/. At its meeting on November 4, the Board of the Central Bank of Armenia left the refinancing rate unchanged at 6.75%.

According to the regulator’s press service, the Lombard repo rate of 8.25% and the cash attraction rate of 5.25% were also unchanged. This is the sixth time since February 2025 that the refinancing rate has remained unchanged.

The Central Bank’s decision coincided with the forecast recently given by Freedom Broker Armenia to the ARKA news agency.

“This is a rational choice: the ‘wait and see’ policy gives the Central Bank room to maneuver. If inflation accelerates or volatility in the foreign exchange market increases, the regulator reserves the right to tighten conditions. If the data shows a further cooling, it will consider a reduction,” the statement read.

Since June 2023, the Central Bank of Armenia has been continuously lowering the refinancing rate, gradually bringing it from 10.75% to 6.75% in February 2025. Since then, the rate has remained unchanged, including the regulator’s previous decision on September 16 of this year.-0-

spot_img

POPULAR

Inflation of 4.4% recorded in Armenia in August

In the Armenian consumer market, 12-month inflation in August of this year amounted to 4.4%, according to a report from the Statistical Committee of Armenia.

Armenia approves €80 million loan agreement with OPEC Fund

At a meeting on Thursday, the Armenian government approved a draft loan agreement with the OPEC Fund for €80 million as part of the "Armenia Economic Transformation Program."

Cube Invest announces the placement of AMD bonds worth 5 billion drams

By Decision No. 1/288 A of the Chairman of the Central Bank of the Republic of Armenia dated July 1, 2026, the program prospectus for Cube Invest CJSC's registered coupon bonds was registered.

Euro and ruble exchange rates against the Armenian dram rose, while the dollar weakened: Central Bank

The average market exchange rate of the US dollar to the Armenian dram, formed on the Armenian foreign exchange market, fell by 0.34 points on September 4, 2026, compared to September 3, to 363.85 drams.

IMF noted the low level of insurance coverage for natural disaster risks in Armenia

Insurance penetration in Armenia remains low, particularly in agriculture and property insurance, according to the International Monetary Fund's report "Armenia: Climate Policy Diagnostic - July 2026," published on September 3, 2026.

LATEST NEWS

spot_imgspot_imgspot_img