Board of the Central Bank of Armenia raised the monetary policy rate for the second time in a row, to 7%

YEREVAN, November 3. /ARKA/. At its meeting on Tuesday, the Board of the Central Bank of Armenia decided to raise the monetary policy rate by 0.25 percentage points, from 6.75% to 7%.

According to the regulator’s press service, the Board simultaneously set the Lombard repo rate provided by the Central Bank at 8.5%, and the rate on funds attracted by the Central Bank from banks at 5.5%.

This is the second consecutive rate increase, following the Board’s first increase since December 2022, on September 15, 2026, by 0.25 percentage points, to 6.75%.

The Central Bank of Armenia’s rate cut cycle began in June 2023, when the regulator lowered it from 10.75% to 10.5%. The rate was subsequently gradually reduced, reaching 6.5% in December 2025 and remaining at that level until September 2026.

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