Central bank of Armenia cuts refinancing rate to 5.75%

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Economy

29.01.2019, 17:05

Armenia’s Central Bank at a meeting on Tuesday decided to cut the refinancing rate by 0.25 percentage points to 5.75%.

Central bank of Armenia cuts refinancing rate to 5.75%

YEREVAN, January 29. /ARKA/. Armenia’s Central Bank at a meeting on Tuesday decided to cut the refinancing rate by 0.25 percentage points to 5.75%.

The previous time the regulator reviewed the refinancing rate was in March 2017, when it suspended the easing of monetary policy, setting the rate at 6%. -0-

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