Armenia's policy rate reduced by 25 basis points

At its December 16 meeting, the Board of the Central Bank of Armenia decided to:

• Reduce the Refinancing Rate by 25 basis points, setting it at 6.50%

• Set the Lombard Repo Facility Rate at 8.00%.

• Set the Deposit Facility Rate at 5.00 %.

The CBA Monetary Policy Report and Transparency Report will be published today at 18:00 օn the CBA website.