Armenia's Central Bank again retains refinancing rate at 10.75% pa

YEREVAN. March 14 (Interfax) - The board of directors of the Central Bank of Armenia on Tuesday decided again to retain the refinancing rate at 10.75% per annum, the regulator said in a statement.

The Central Bank's board of directors also retained the current refinancing rate at its previous meeting on January 31.

The last time that the Central Bank hiked the refinancing rate was in December 2022, when the regulator raised it by 25 basis points to 10.75% pa from the previous level of 10.5% pa, where it had been since November 1, 2022.