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February 04
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In 2023, the refinancing rate in Armenia will be 7-8 percent. This is noted in the Macroeconomic Forecast: 2023 report by the Eurasian Development Bank (EDB).

And at the end of 2024, the refinancing rate in Armenia will be about 6.6 percent.

The refinancing rate hike cycle is expected to end in the first quarter of 2023 amid a gradual recovery in consumer demand and easing of external inflationary pressure, the EDB report predicted.

The refinancing rate in Armenia was raised by 0.5 percentage points and set at 10.5 percent at the meeting of the Board of the Central Bank of Armenia on November 1.

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