The Central Bank of Armenia left its key refinancing rate steady at 5.75 percent on March 12th 2019, mentioning low inflationary pressures and global economic slowdown. Policymakers kept monetary policy stance steady after lowering borrowing costs by 25bps to is lowest since at least 2010 in the previous meeting. In February, annual inflation rate rose to a four-month high of 1.9 percent, up from a 0.8 percent increase in January. The central bank projects inflation to be lower than the target level of 4 percent in the upcoming months. Interest Rate in Armenia averaged 7.55 percent from 2010 until 2019, reaching an all time high of 10.50 percent in February of 2015 and a record low of 5.75 percent in January of 2019.

Interest Rate in Armenia is expected to be 5.75 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Interest Rate in Armenia to stand at 5.50 in 12 months time. In the long-term, the Armenia Interest Rate is projected to trend around 5.50 percent in 2020, according to our econometric models.

Armenia Interest Rate
width
height
Forecast Data Chart
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.


Calendar GMT Actual Previous Consensus TEForecast
2018-11-13 12:15 PM Interest Rate Decision 6% 6% 6%
2018-12-26 10:45 AM Interest Rate Decision 6% 6% 6%
2019-01-29 12:45 PM Interest Rate Decision 5.75% 6% 6%
2019-03-12 12:50 PM Interest Rate Decision 5.75% 5.75% 5.75%
2019-04-30 12:00 PM Interest Rate Decision 5.75%
2019-06-11 12:20 PM Interest Rate Decision
2019-07-30 12:20 PM Interest Rate Decision


Armenia Money Last Previous Highest Lowest Unit
Interest Rate 5.75 5.75 10.50 5.75 percent [+]
Money Supply M0 1074666.00 1085776.00 1085776.00 27571.00 AMD Million [+]
Money Supply M1 839296.00 836587.00 839296.00 12820.00 AMD Million [+]
Money Supply M2 1524085.00 1495603.00 1524085.00 13641.00 AMD Million [+]
Deposit Interest Rate 9.01 11.60 63.18 4.90 percent [+]
Lending Rate 7.50 7.50 11.75 7.50 percent [+]
Foreign Exchange Reserves 2070.80 1989.25 2424.13 373.86 USD Million [+]


Armenia Interest Rate

In Armenia, interest rate decisions are taken by the Central Bank of Armenia. The official interest rate is the Refinancing Rate. This page provides - Armenia Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Armenia Interest Rate - actual data, historical chart and calendar of releases - was last updated on March of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
5.75 5.75 10.50 5.75 2010 - 2019 percent Daily




Country Last Previous
Argentina 63.74 Mar/19
Turkey 24.00 Mar/19
Mexico 8.25 Feb/19
Russia 7.75 Feb/19
South Africa 6.75 Feb/19
Brazil 6.50 Feb/19
India 6.25 Feb/19
Indonesia 6.00 Feb/19
China 4.35 Feb/19
Saudi Arabia 3.00 Feb/19
United States 2.50 Feb/19
Canada 1.75 Mar/19
South Korea 1.75 Feb/19
Singapore 1.66 Feb/19
Australia 1.50 Mar/19
United Kingdom 0.75 Feb/19
Euro Area 0.00 Mar/19
France 0.00 Mar/19
Germany 0.00 Mar/19
Italy 0.00 Mar/19
Netherlands 0.00 Mar/19
Spain 0.00 Mar/19
Japan -0.10 Mar/19
Switzerland -0.75 Feb/19


Related

Latest