Armenia’s central bank rises refinancing rate by 1% to 5.25%

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Economy

15.12.2020, 13:08

At a meeting on December 15, the Board of the Central Bank of Armenia decided to raise the refinancing rate by 1.0 percentage points, setting it at 5.25%, the press service of the regulator reported on Tuesday.

Armenia’s central bank rises refinancing rate by 1% to 5.25%

YEREVAN, December 15. /ARKA/. At a meeting on December 15, the Board of the Central Bank of Armenia decided to raise the refinancing rate by 1.0 percentage points, setting it at 5.25%, the press service of the regulator reported on Tuesday.

The rate of the Lombard repo provided by the Central Bank was 6.75%, and the rate on funds attracted by the central bank from other banks was 3.75%.

The last time the central bank of Armenia on October 27 left the refinancing rate unchanged, keeping it at the level of 4.25%. -0-

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