ArmInfo. The Central Bank of Armenia (CBA) has reduced the refinancing rate from 8.75% to 8.5%. The CBA press office has told ArmInfo that the decision to reduce the rate by 0.25 pct points was taken during the Feb 16 sitting of the CBA Board. The source says that the lombard REPO and deposit rates have been fixed at 10% and 7%, respectively.
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