30 Jan 2024 13:20

Central Bank of Armenia lowers refi rate 50 bps to 8.75%

YEREVAN. Jan 30 (Interfax) - The board of the Central Bank of Armenia decided at a meeting on Tuesday to lower the refinancing rate 50 basis points to 8.75% per annum, the regulator said in a statement.

The rate had been 9.25% since December 12, when it was lowered 25 bps.