Armenia Interest Rate

The benchmark interest rate in Armenia was last recorded at 7.50 percent. Interest Rate in Armenia is reported by the Central Bank of Armenia. Interest Rate in Armenia averaged 7.96 Percent from 2010 until 2014, reaching an all time high of 8.50 Percent in April of 2011 and a record low of 7.25 Percent in November of 2010. 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. 2014-04-24

Actual Previous Highest Lowest Forecast Dates Unit Frequency
7.50 7.50 8.50 7.25 8.25 | 2014/06 2010 - 2014 Percent Monthly

TO

Armenia Interest Rate
LIST BY COUNTRY


CALENDAR GMT Country Event Reference Actual Previous Consensus Forecast
2013-11-12 12:30 PM Armenia
Interest Rate Decision
8% 8.5% 8.5%
2013-12-24 01:30 PM Armenia
Interest Rate Decision
7.75% 8% 8%
2014-02-11 12:40 PM Armenia
Interest Rate Decision
7.5% 7.75% 7.5%
2014-03-25 01:00 PM Armenia
Interest Rate Decision
7.5% 7.5% 7.75%
2014-05-13 01:00 PM Armenia
Interest Rate Decision
7.5% 8.25%
2014-06-24 01:30 PM Armenia
Interest Rate Decision
8.25%
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Money Last Previous Highest Lowest Forecast Unit
Interest Rate 7.50 2014-03-25 7.50 8.50 7.25 8.25 2014-06-30 Percent [+]
Money Supply M0 782402.00 2014-01-31 787199.00 787199.00 27571.00 786073.18 2014-02-28 AMD Million [+]
Money Supply M1 532808.00 2014-01-31 550458.00 550458.00 12820.00 524737.28 2014-03-31 AMD Million [+]
Money Supply M2 798487.00 2014-01-31 810132.00 810132.00 13641.00 805528.32 2014-03-31 AMD Million [+]
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Interest Rate | Notes
The interest rate shown on this page refers to the central bank benchmark interest rate. Usually, the central bank benchmark interest rate is the overnight rate at which central banks make loans to the commercial banks under their jurisdiction. Moving the benchmark interest rate, the central bank is able to make an impact on interest rates of commercial banks, inflation level of the country and national currency exchange rate. Reduction of interest rates should bring increase in business activity, a rise in inflation rate and weakening of national currency. In case of increase in interest rates the level of business activity is likely to drop, inflation declines and national currency strengthens.


RELATED NEWS

Armenia Capital Flows at 1025.30 USD Million  
Capital Flows in Armenia increased to 1025.30 USD Million in 2013 from 857.30 USD Million in 2012. Capital Flows in Armenia is reported by the National Statistical Service of the Republic of Armenia.
Armenia Consumer Confidence at 40.90  
Consumer Confidence in Armenia decreased to 40.90 in the fourth quarter of 2013 from 41.90 in the third quarter of 2013. Consumer Confidence in Armenia is reported by the National Statistical Service of the Republic of Armenia.
Armenia Consumer Price Index (CPI) at 101.20 Index Points  
Consumer Price Index (CPI) in Armenia decreased to 101.20 Index Points in March of 2014 from 101.60 Index Points in February of 2014. Consumer Price Index (CPI) in Armenia is reported by the National Statistical Service of the Republic of Armenia.
Armenia Core Consumer Prices at 100.02 Index Points  
Core Consumer Prices in Armenia increased to 100.02 Index Points in March of 2014 from 99.55 Index Points in February of 2014. Core Consumer Prices in Armenia is reported by the Central Bank of Armenia.
Armenia Current Account at -335.94 USD Million  
Armenia recorded a Current Account deficit of 335.94 USD Million in the fourth quarter of 2013. Current Account in Armenia is reported by the Central Bank of Armenia.
Armenia GDP Current Prices at 1357702.60 AMD Million  
GDP Constant Prices in Armenia increased to 1357702.60 AMD Million in the fourth quarter of 2013 from 1285899 AMD Million in the third quarter of 2013. GDP Constant Prices in Armenia is reported by the National Statistical Service of the Republic of Armenia.
Armenia Government Budget Value at 13.72 AMD Billion  
Armenia recorded a government budget surplus of 13.72 AMD Billion in 2013. Government Budget Value in Armenia is reported by the Economic Development and Research Center (Armenia).
Armenia Producer Prices at 99.60 Index Points  
Producer Prices in Armenia decreased to 99.60 Index Points in March of 2014 from 100.10 Index Points in February of 2014. Producer Prices in Armenia is reported by the National Statistical Service of the Republic of Armenia.
Armenia Unemployed Persons at 57.50 Thousand  
The number of unemployed persons in Armenia increased to 57.50 Thousand in February of 2014 from 55.90 Thousand in January of 2014. Unemployed Persons in Armenia is reported by the National Statistical Service of the Republic of Armenia.
Armenia Social Security Rate For Employees at 8.00 Percent  
The Social Security Rate For Employees in Armenia stands at 8 percent. Social Security Rate For Employees in Armenia is reported by the Ministry of Labor and Social Affairs.
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