Regulatory Alerts2025-05-06 | 8444Central Bank of Armenia Executive Monetary Policy Statement May 2025
The Board of the Central Bank of Armenia decided to keep the Refinancing Rate unchanged at 6.75% amid elevated global and domestic uncertainties. The decision balances risks of persistent inflationary pressures from geopolitical tensions and fiscal policy against the potential for a sharper economic slowdown driven by weakening global demand. The Board reaffirmed its commitment to achieving the medium-term inflation target of 3% while monitoring multiple economic scenarios.
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