The Central Bank of Armenia’s Board raised the policy rate by 25 basis points to 7.00%, setting the Lombard Repo Facility rate at 8.50% and the Deposit Facility rate at 5.50%.
Central Bank of Armenia raises policy rate by 25 basis points to 7.00%
The Central Bank of Armenia increased its policy rate to 7.00%, up 25 basis points, with Lombard Repo Facility and Deposit Facility rates set at 8.50% and 5.50%, respectively.