Interest rates at Armenia’s financial market continue their downward motion

03.10.2014 19:21
Interest rates at Armenia’s financial market continue their downward motion

YEREVAN, October 3. /ARKA/. Interest rates at Armenia’s financial market keep going down, the board of the Central Bank of Armenia said on September 23 at its session.

According to the report received Friday from the press office of the regulator, at the same session the board decided to leave the key refinancing rate unchanged – at 6.75%.

The average intra-bank REPO went 0.2 percentage points down over one month to 6.9% by September 18, the average interest rate on up-to-one-year government bonds slid 0.3 percentage points to 7.3% and the average interest rate on inter-banking loans was 6.4% after slipping 0.4 percentage points in September, compared with August.

The U.S. dollar rose 0.4% against the Armenian dram on September 18, compared with August 13, and traded at 409.5 drams.

Instead, the euro sank 2.5% against the Armenian national currency and traded at 537.7 drams and the Russian ruble dived 5.3% to 11.1 drams. ($1- AMD 407.88). --0--


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Tags: , , Новости Армении АМИ Новости-Армения

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