Tuesday, December 18 2018 17:21

ArmInfo. Taking into account the low inflationary environment that has been formed, while maintaining a broad monetary policy, the Central Bank of Armenia will  probably not change the refinancing rate in the coming months. On  December 18 at a press conference, member of the Board of the Central  Bank of Armenia Artur Stepanyan stated this.

"But future events can correct our future activities, namely in the  second half of next year. In this regard, I believe that we will  continue to pursue an extensive monetary policy. In the case of risks  of deviation of inflation and economic development from the projected  scenario, the Central Bank will adjust monetary conditions  accordingly, in order to ensure price stability, "he noted.

Recall that from February 2017 to the present day, the Central Bank  of Armenia maintains the refinancing rate at 6%. Along with this, the  rates on Lombard repos are kept - 7.5% and Deposits attracted from  banks - 4.5%. Prior to this, the refinancing rate was revised in 2017  on February 14, when it was reduced from 6.25% to 6%, in parallel  with that, the Lombard repo rates decreased from 7.75% to 7.5% and  deposits attracted from banks - from 4.75% to 4, 5%.