EDB identifies factors that could force regulator to keep refinancing rate unchanged

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Economy

11.08.2025, 16:03

The Eurasian Development Bank (EDB) identified factors that increase the likelihood of maintaining the refinancing rate in Armenia for a longer period than expected.

EDB identifies factors that could force regulator to keep refinancing rate unchanged

YEREVAN, August 11. /ARKA/. The Eurasian Development Bank (EDB) identified factors that increase the likelihood of maintaining the refinancing rate in Armenia for a longer period than expected.

At its meeting on August 5, the Central Bank of Armenia kept the refinancing rate at 6.75%.

"Inflation in Armenia slowed to 3.4% year over year (y/y) in July, down from 3.9% y/y in June, largely due to the slowdown in food price growth.

At the same time, the risks of stronger external pro-inflationary impacts and an expansion of domestic demand have increased. This increases the likelihood of maintaining the current refinancing rate for a longer period than previously expected," according to the EDB's weekly macro review.-0-

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