Regulatory Alerts2025-06-17 | 8585Central Bank of Armenia Keeps Refinancing Rate at 6.75% in Q2 2025
The Board of the Central Bank of Armenia decided to maintain the refinancing rate at 6.75% amid elevated global uncertainties and intensifying inflationary pressures. The decision reflects a cautious approach to managing risks from geopolitical tensions, US fiscal policy, and domestic supply-side factors that drove headline inflation to 4.3% in May. While market participants anticipate a gradual rate reduction to 6.25%, the Board prioritizes price stability by holding rates steady to counter potential upward pressures on the neutral interest rate.
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