Armenia raises key refinancing rate to 9.5%

Armenia raises key refinancing rate to 9.5%

PanARMENIAN.Net - Armenia's central bank raised its key refinancing rate to 9.5 % from 9.25% on Tuesday, August 2, the bank said in a statement.

It also sets its Lombard repo rate at 11% and its deposit rate for commercial banks at 8%.

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