ArmInfo.The Central Bank of Armenia left the refinancing rate unchanged - at the level of 4.5%. As ArmInfo was told in the press service of the Central Bank of Armenia, this decision was made on July 28 at a meeting of the Central Bank Board.
In accordance with this, the rates on lombard repo remained at the same level - 6%, and on deposits attracted from banks - 3%.
To note, the previous three reductions of the refinancing rate by the Central Bank of the Republic of Armenia dated March 17, April 28 and June 16, 2020, for the two times by 0.25 pp. and the third- by 0.5 p.p., from a total of 5.5% to 4.5%, in accordance with which the rates on lombard repo were reduced - from 7% up to 6%, and on deposits attracted from banks - from 4% to 3%.
