Armenia Central Bank Raises Refinancing Rate
At its meeting today, the Board of the Central Bank of Armenia decided to raise the refinancing rate by 0,25 percentage point to 9,5%, the Central Bank said in a press release.
The Lombard repo facility rate is at 11%.
The rate of funds attracted from banks by the CBA is 8%.
- EBRD Raises Growth Forecast for Armenia’s Economy for 2022 In its latest Regional Economic Prospects (REP), the EBRD said that the economies of Armenia, Azerbaijan and Georgia are enjoying some of their highest growth rates in years.
- Possibility of Qatari Side’s Investing in Armenia Discussed in Doha The conversation also touched upon the possibility of making investments by the Qatari side in Armenia.
- The 1000 Largest Taxpayers in Armenia The 1000 largest taxpayers paid more than 722 billion 325 million drams in taxes in the reporting period, of which more than 109 billion 253 million drams are customs payments.
- World Bank Forecasts 3.5% Economic Growth for Armenia in 2022 The report also forecasts that the economic growth in Armenia will be 3.5% in 2022, 4.6% in 2023 and 4.9% in 2024.
- Fitch affirms Armenia at 'B+'; Outlook Stable According to the statement, Armenia will be adversely affected by spillovers from the crisis in Russia, given important linkages between the two economies, but Fitch presently expects that the sovereign's...
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Wind: 1.54 km/h
Wind: 1.54 km/h