Armenia's Central bank raises key rate to 9.5%

Armenia's Central bank raises key rate to 9.5%

Armenia's Central Bank decided today to raise the refinancing rate by 0.25 percentage points and set it at 9.5%.

The Lombard repo rate was also increased to 11%. On March 15, 2022 the Central Bank had already raised the key rate by 1.25 percentage points to 9.25%.

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