Economy

Armenian Central Bank reduces refinancing rate by 0.25 pp

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Armenian Central Bank reduces refinancing rate by 0.25 pp

YEREVAN, JULY 30, ARMENPRESS. At its meeting today, the Board of the Central Bank of Armenia decided to reduce the refinancing rate by 0.25 pp, setting it at 7.75%, the Central Bank said in a press release.

The Lombard repo facility rate is at 9.25 % while the Deposit facility rate is at 6.25 %.

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