{"id":85442,"date":"2015-03-13T10:59:54","date_gmt":"2015-03-13T10:59:54","guid":{"rendered":"https:\/\/armbanks.am\/2015\/03\/13\/242508\/"},"modified":"2024-12-15T13:16:49","modified_gmt":"2024-12-15T13:16:49","slug":"armenias-central-bank-lowers-lombard-repo-rate-by-1-percentage-point-to-13-5","status":"publish","type":"post","link":"https:\/\/armbanks.am\/en\/2015\/03\/13\/85442\/","title":{"rendered":"Armenia\u2019s central bank lowers Lombard repo rate by 1 percentage point to 13.5%"},"content":{"rendered":"<p><strong>YEREVAN, March 13. \/ARKA\/.<\/strong> The council of the Central Bank of Armenia (CBA) lowered on Thursday the Lombard repo rate by one percentage point to 13.5%, CBA\u2019s press office reported.<\/p>\n<p>Earlier, the regulator lowered the Lombard repo rate from 17% to 14.5%. The aim of the gradual lowering of the rate is to reduce high interest rates in the financial market. The current refinancing rate is 10.5%.<\/p>\n<p>For curbing the pressures on the currency market amid the dollar rate\u2019s rocketing by 16.6 points to 435 drams per $1, the central bank raised the value of short-term dram liquidity on November 24 and raised the Lombard repo rate from 8.25% to 10.25%, and up to 20% later. Today the USD versus dram rate is 481.75 in Armenia. \u20130&#8211;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The council of the Central Bank of Armenia (CBA) lowered on Thursday the Lombard repo rate by one percentage point to 13.5%, CBA\u2019s press office reported<\/p>\n","protected":false},"author":1,"featured_media":157156,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","tstyn_error":""},"categories":[9214,9216],"tags":[15837,15865,13887],"class_list":{"0":"post-85442","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-banks-en-en","8":"category-news","9":"tag-armenia-2","10":"tag-central-bank-2","11":"tag-repo-rate"},"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/85442","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/comments?post=85442"}],"version-history":[{"count":0,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/85442\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media\/157156"}],"wp:attachment":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media?parent=85442"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/categories?post=85442"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/tags?post=85442"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}