ArmInfo. The Central Bank of Armenia did not begin to change the refinancing rate and this time, leaving it at the same level of 6%. As the press service of the Central Bank of Armenia told ArmInfo, this decision was made on June 26 at a meeting of the Council of the Central Bank. Actually, the refinancing rate has been maintained at this level since February 2017.
Along with this, the Central Bank Board has left the same rates for pawn-shop repo - 7.5% and deposits attracted from banks - 4.5%.
The refinancing rate was revised in 2017 on February 14, when the Central Bank Board reduced it from 6.25% to 6%, at the same time reducing interest rates on pawn-shop repo from 7.75% to 7.5% and deposits attracted from banks - from 4.75% to 4.5%, with the preservation of 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 interest rates on lombard repo - from 8% to 7.75% and deposits attracted from banks - from 5% to 4.75%. At the end of 2015, on December 22, the refinancing rate was reduced from 9.75% to 8.75%, at the same time, the rates for pawn-office repo decreased from 11.75% to 11.25%, and on attracted deposits from 8.75% % to 8.25%.
