The Central Bank of Armenia’s Board raised the policy rate by 25 basis points to 6.75%. It also set the Lombard Repo Facility Rate at 8.25% and the Deposit Facility Rate at 5.25%. Governor Martin Galstyan will lead a press conference, and the central bank will publish its Monetary Policy Report and Transparency Report following the decision.
Central Bank of Armenia raises policy rate by 25 basis points to 6.75%
The Central Bank of Armenia raised its policy rate by 25 basis points to 6.75%. It set the Lombard Repo Facility Rate at 8.25% and the Deposit Facility Rate at 5.25%.