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Armenian Central Bank keeps refinancing rate at 10.75%
Armenia's Central Bank has decided today to leave the refinancing rate unchanged at 10.75%.
The regulator said in a press release that the Lombard repo rate has also been left unchanged at 12.25%. The borrowing rate for local commercial banks has been left unchanged as well at 9.25%.
The last time the Central Bank of Armenia changed the refinancing rate was on December 13, when it was raised by 0.25 percentage points to 10.75%, ARKA reports.
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The regulator said in a press release that the Lombard repo rate has also been left unchanged at 12.25%. The borrowing rate for local commercial banks has been left unchanged as well at 9.25%.
The last time the Central Bank of Armenia changed the refinancing rate was on December 13, when it was raised by 0.25 percentage points to 10.75%, ARKA reports.
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