ArmInfo.This time again the Central Bank of Armenia preferred to maintain the refinancing rate at the level of 6%. According to the press service of the Central Bank of Armenia, this decision was made at a meeting of the Central Bank Council on November 13. In fact, the refinancing rate has remained at this level since February 2017.
Along with this, the Council of the Central Bank left the same rates on Lombard repo - 7.5% and deposits attracted from banks - 4.5%.
To note, the refinancing rate was revised in 2017 on February 14, when the CB Board reduced it from 6.25% to 6%, at the same time reducing the Lombard repo rates from 7.75% to 7.5% and deposits attracted from banks - from 4.75% to 4.5%, while maintaining these levels to this day. Prior to this, at the end of 2016, on December 27, the refinancing rate was reduced from 6.5% to 6.25%, along with a decrease in Lombard repo rates - from 8% to 7.75% and deposits attracted from banks - from 5% up to 4.75%.
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