At its meeting today, the Board of the Central Bank of Armenia decided to raise the refinancing rate by 1.25 percentage point to 9.25%.

The Lombard repo facility rate at 10.75%

The Deposit facility rate at 7.75%.

Press conference of the Chairman of the Central Bank of Armenia Martin Galstyan is due today at 3.30 p.m. and will be broadcast live on CB’s website.

Last time the Armenian CB raised refinancing rate on February 1 of the running year by 0.25 percentage point to 8.0%.