Setting the Interest Rates of Monetary Policy Instruments of the Central Bank of the Republic of Armenia; Approving the Executive Monetary Policy Statement and the Periodical “Monetary Policy Report for the First Quarter of 2025”

THE CENTRAL BANK OF THE REPUBLIC OF ARMENIA

BOARD RESOLUTION

March 18, 2025; No. 45 L

 Setting the Interest Rates of Monetary Policy Instruments of the Central Bank of the Republic of Armenia; Approving the Executive Monetary Policy Statement and the Periodical “Monetary Policy Report for the First Quarter of 2025 (Monetary Policy Program for the First Quarter of 2025)”

 In view of Article 2 (3), Article 6, Article 17 (4), Article 20 (1) (“c” and “e”) of the Republic of Armenia Law “On the Central Bank of the Republic of Armenia”, the Board of the Central Bank of the Republic of Armenia 

E n a c t s: 

  1. Set the Refinancing rate of the Central Bank of the Republic of Armenia to be75%.
  2. Set the Lombard repo facility rate offered by the Central Bank of the Republic of Armenia to be 25%.
  3. Set the Deposit facility rate offered by the Central Bank of the Republic of Armenia to be 5.25%.
  4. Approve the Executive Monetary Policy Statement of the Central Bank of the Republic of Armenia.
  5. Endorse the periodical “Monetary Policy Report for the First Quarter of 2025 (Monetary Policy Program for the First Quarter of 2025)” (hereinafter Monetary Policy Report/1)’
  6. This resolution to enter into force on the day following its publication on Internet homepage of the Central Bank of the Republic of Armenia.

 

Martin Galstyan                                                              Governor,

                                                                 Central Bank of the Republic of Armenia

                                                                                     Yerevan

.