Armenian central bank raises key rate
Read on the website Vestnik KavkazaArmenian Central Bank's Board has raised today the refinancing rate by 1.25 percentage points, setting it at 9.25%.
According to the press service of the regulator, the Lombard repo rate is set at .75%. The rate of lending to commercial banks is 7.75%, ARKA reported.
On February 1, 2022, the Central Bank had already raised the refinancing rate by 0.25 p.p. to 8%.