Tuesday, June 28 2016 18:47
Karine Melikyan

Central Bank of Armenia reduces refinancing rate from 7.75% to 7.5%

Central Bank of Armenia reduces refinancing rate from 7.75% to 7.5%

ArmInfo. The Central Bank of Armenia (CBA) has reduced the refinancing rate from 7.75% to 7.5%.  The CBA press office has told ArmInfo that the decision to reduce the rate by 0.25 pct points was taken during the June 28 sitting of the CBA Board held in Dilijan Educational and Research Center. 

The source says that the lombard REPO and deposit rates have also been reduced to 9% and 6% respectively, versus previous 9.25% and 6.25%, respectively. 

To note, the previous revision of the refinancing rate took place on 17 May 2016, when the CBA reduced it from 8.25% to 7.75%, at the same time the lombard REPO and deposit rates were also reduced to 9.25% and 6.25% respectively, versus previous 9.75% and 6.75%, respectively. Before that revision of the refinancing rate took place on 29 March 2016, when the CBA reduced it from 8.5% to 8.25%. The  lombard REPO and deposit rates were fixed at 9.75% and 6.75%, respectively. Earlier the refinancing rate was reduced on 16 Feb 2016 from 8.75% to 8.5%, while the lombard REPO and deposit rates were fixed at 10% and 7%, respectively. Earlier, the refinancing rate was reduced on 22 Dec 2015 - from 9.75 to 8.75%. On 10 Nov 2015 the refinancing rate was reduced  - from 10.25% to 9.75%, with the lombard repo rate dropping from 11.75% to 11.25%, and the deposit rate - from 8.75% to 8.25%.


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СПРОС (Покупка)

USD

Средневзв. Цена

482,00

ПРЕДЛОЖЕНИЕ (Продажа)

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-0.16

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200 000

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96 400 000