  Armenia’s Central Bank lowers refinancing rate to 6.75% February 4, 2025 - 16:19 AMT PanARMENIAN.Net - The Central Bank of Armenia has decided to lower the refinancing rate by 0.25 percentage points. The change was approved during a board meeting on February 4, bringing the refinancing rate to 6.75%. The Lombard repo rate set by the Central Bank stands at 8.25%, while the interest rate on funds attracted from banks is 5.25%. The Central Bank also lowered the refinancing rate by 0.25 percentage points on December 10.   Top stories Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”. Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision. The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision. Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion.   Partner news |  Latest news Viva sees growing demand for cloud services  In recent years, medical institutions are starting to make use of Viva’s cloud servicesTurkey replacing term "Central Asia" with "Turkestan" in textbooks The Turkish Ministry of Education is replacing the term "Central Asia" with "Turkestan" in textbooks.Armenian, German presidents meet in Berlin Armenian and German Presidents Vahagn Khachaturyan and Frank-Walter Steinmeier met in Berlin.Armenia assumes presidency of Mediterranean Network of Regulatory Authorities The Commission on Television and Radio of Armenia said it expects productive cooperation in various formats. |
