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Armenia Reduces Central Bank Interest Rate Impacting Deductible Loan Interest — Orbitax Tax News & Alerts

On 12 December 2023, the Central Bank of Armenia reduced the refinancing interest rate (key rate) from 9.5% to 9.25%. This follows a reduction in the rate from 10.75% to 10.5% on 13 June 2023, 10.25% on 1 August 2023, 9.75% on 12 Septemb...