Armenia interest rate
Central Bank of Armenia
- Policy rate
- 6.75%
- Sep 2026
- Last move
- +0.25 pt
- Sep 2026
- Inflation
- 4.5%
- Jul 2026
- 10-year bond yield
- 7.48%
- Aug 2026
The policy rate set by the Central Bank of Armenia is 6.75% as of Sep 2026. Its most recent move: it raised its rate from 6.50% to 6.75% (Sep 2026). With consumer prices up 4.5% over the 12 months to Jul 2026, the real rate (policy rate minus inflation) is +2.3%: borrowing costs are above inflation.
Policy rate over the past two years
Sep 2026: 6.75%
Rate changes
| When | Decision | From | To | Change |
|---|---|---|---|---|
| Sep 2026 | Hike | 6.50% | 6.75% | +0.25 pt |
| Dec 2025 | Cut | 6.75% | 6.50% | −0.25 pt |
| Feb 2025 | Cut | 7.00% | 6.75% | −0.25 pt |
| Dec 2024 | Cut | 7.25% | 7.00% | −0.25 pt |
| Oct 2024 | Cut | 7.50% | 7.25% | −0.25 pt |
Changes between month-end rates. Two decisions in one month show up as a single change.
Inflation (% vs a year earlier)
Jul 2026: 4.5%
10-year government bond yield
Aug 2026: 7.48%
Other central banks in Asia
Source: IMF monetary statistics; inflation: IMF CPI; bond yield: IMF monetary statistics. Updated daily. All central bank rates · Armenia economy dashboard