YEREVAN. – Interest rates in Armenian financial market dropped in Armenia in February. This is stated in Armenian Central Bank’s March report on refinancing. In the primary market, the average interest rate of government bonds with a maturity of 1 year was 8.9 per cent.

In comparison with the previous month the average interest exchange rate of interbank credits decreased by 3.2 percentage points totaling to 7.7 per cent.

To note, the credit market interest rates rose to a certain extent concerning dram loans as well as loans on U.S. dollars.