YEREVAN, July 13. /ARКА/. International rating agency Fitch Ratings expects a temporary increase in the refinancing rate in Armenia.
“We expect the Central Bank of Armenia (CBA) to temporarily raise its key monetary policy rate by 25 basis points to 6.75%,” the agency’s analysts note.
On June 16, the CBA left the refinancing rate unchanged at 6.5% for the fifth consecutive time. Regulator Chairman Martin Galstyan noted that this decision is optimal at this stage, given the existing risks.
The Board of the CBA has been continuously lowering the refinancing rate since June 2023, gradually bringing it from 10.75% to 6.5% in December 2025.
