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Tag: lombard repo

Armenia’s central bank lowers Lombard repo rate by 1.5 p.p. to 12%

Banks admin -
The council of the Central Bank of Armenia (CBA) lowered on Tuesday the Lombard repo rate by1.5 percentage point to 12%, CBA’s press office reported

Central Bank raises lombard repo rate to 21% in Armenia

Economy admin -
The council of the Central Bank of Armenia (CBA) set a new Lombard repo rate of 21%, an increase of 10.25 percentage points, at its meeting on Tuesday, the press office of the regulator reports

Armenia’s Central Bank raised lombard repo rate by 2 p.p. to 10.25%

Banks admin -
The council of the Central Bank of Armenia (CBA) set on Monday a Lombard repo rate of 10.25% at its meeting presided over by chairman Artur Javadyan. The respective rate was 8.25% in August (12/08/2014)

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US dollar rate down 0.35 points to 397.92 drams

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The average market exchange rate of the US dollar to the Armenian dram as of January 30, 2024, was 397.92 drams, down 0.35 points compared to January 29.

Loans and deposits of Armenian banks grew in November due to AMD-denominated  funds – WB

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Commercial bank deposits in Armenia grew 2.3 percent (mom) in November, and loans increased 2.6 percent (mom), driven by AMD-denominated funds, the World Bank says in its latest Armenia Monthly Economic Update – January 2025 review.

Armenia’s 1.5% inflation in December is the highest since April – WB

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Armenia's inflation picked up to 1.5 percent (yoy) in December, the highest rate since April 2023, according to World Bank's Armenia Monthly Economic Update – January 2025 review.

Armenia’s refinancing rate back to August 2022 level – WB

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The refinancing rate in Armenia has returned to the level of August 2022, according to the World Bank's review Armenia Monthly Economic Update - January 2025.

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