The Central Bank of Armenia left its key refinancing rate steady at 6 percent on November 13th 2018, saying inflation is expected to remain stable in the upcoming months and slightly below the 4 percent target. Meantime, the bank noted that economic activity weakened in the third quarter of 2018, amid lower output from the agricultural and construction sectors. Also, policymakers reinforced they will maintain its current monetary conditions and, if inflation and economic growth deviate from expectations, they will take all necessary policy actions to ensure price stability. Interest Rate in Armenia averaged 7.61 percent from 2010 until 2018, reaching an all time high of 10.50 percent in February of 2015 and a record low of 6 percent in February of 2017.

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
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
2018-08-14 12:05 PM Interest Rate Decision 6% 6% 6%
2018-09-25 12:15 PM Interest Rate Decision 6% 6% 6%
2018-11-13 12:15 PM Interest Rate Decision 6% 6% 6%
2018-12-26 12:15 PM Interest Rate Decision 6% 5.75%

Armenia Money Last Previous Highest Lowest Unit
Interest Rate 6.00 6.00 10.50 6.00 percent [+]
Money Supply M0 1014282.00 995172.00 1049099.00 27571.00 AMD Million [+]
Money Supply M1 788140.00 802219.00 802219.00 12820.00 AMD Million [+]
Money Supply M2 1420618.00 1446414.00 1446414.00 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 2081.25 2147.71 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 November of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
6.00 6.00 10.50 6.00 2010 - 2018 percent Daily

Country Last
Argentina 62.21 Nov/18
Turkey 24.00 Oct/18
Mexico 8.00 Nov/18
Russia 7.50 Oct/18
Brazil 6.50 Oct/18
India 6.50 Oct/18
South Africa 6.50 Oct/18
Indonesia 6.00 Nov/18
China 4.35 Oct/18
Saudi Arabia 2.75 Oct/18
United States 2.25 Nov/18
Canada 1.75 Oct/18
Australia 1.50 Nov/18
South Korea 1.50 Oct/18
Singapore 1.45 Oct/18
United Kingdom 0.75 Nov/18
Euro Area 0.00 Oct/18
France 0.00 Oct/18
Germany 0.00 Oct/18
Italy 0.00 Oct/18
Netherlands 0.00 Oct/18
Spain 0.00 Oct/18
Japan -0.10 Oct/18
Switzerland -0.75 Oct/18