Regulatory Alerts2025-03-18 | 8168Central Bank of Armenia Keeps Refinancing Rate at 6.75% and Approves Q1 2025 Monetary Policy Report
The Board of the Central Bank of Armenia decided to maintain the refinancing rate at 6.75% to balance risks of slower growth against potential inflationary pressures. Annual CPI inflation reached the target level of 2.5% in February 2025, while core inflation remained low at 1.5%, driven by weak external demand and deflationary effects. The Board affirmed its commitment to achieving the 3% medium-term inflation target by monitoring scenarios involving geopolitical uncertainties and US fiscal policy impacts.
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