Armenian Central Bank’s Board made a decision today to raise the refinancing rate by 0.5 percentage point and set it at 10.5%.
According to the press service of the Central Bank, the Lombard repo rate was also increased to 12% and the borrowing rate was increased to 9%.
On September 13, 2022, the regulator had already raised the key rate by 0.5 percentage points setting it at 10%.
