Economy

Armenia Central Bank raises refinancing rate by 0.5%

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Armenia Central Bank raises refinancing rate by 0.5%

YEREVAN, SEPTEMBER 14, ARMENPRESS. At its meeting today, the Board of the Central Bank of Armenia decidedto raise the refinancing rate by0.5percentage point to 7.75%, the Central Bank said in a press release.

The Lombard repo rate provided by the CBA is 9.25%.

The rate of funds attracted from banks by the CBA is 6.25%.

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