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2025-02-04 | 7956

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Central Bank of Armenia February 2025 Executive Monetary Policy Statement

The Board of the Central Bank of Armenia reduced the refinancing rate by 0.25 percentage points to 6.75% to support its medium-term price stability objective of 3% inflation. This decision follows a period where annual CPI inflation remained below target at 1.5% in December 2024, driven by low core inflation and deflationary pressures from external trade. The Board intends to continue gradually easing the policy stance to balance risks from global economic slowdowns against potential domestic demand uncertainties.

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