Baku 29° C
Central Bank of Azerbaijan increases discount rate
Finance
- 28 October, 2022
- 06:45
The Management Board of the Central Bank of Azerbaijan (CBA) increased the discount rate by 0.25 percentage points from 7.75% to 8%.
Report informs that the lower limit of the interest rate corridor has been increased by one percentage point to 5%, and the upper limit has been set at 9.25%.
The next decision of the CBA Board on the parameters of the interest corridor will be announced on December 16.
Author
Latest News
12:54
Azerbaijan's Foreign Ministry congratulates São Tomé and Príncipe on Independence Day
Foreign policy12:36
Pakistan calls for restraint, dialogue amid fresh US-Iran hostilities
Other countries12:12
Photo
Video
Bus crash in Azerbaijan's Hajigabul leaves 21 injured
Incident11:55
US Senator Lindsey Graham dies after 'brief and sudden illness', his office says
Other countries11:28
British Container ship damaged off Oman coast, fire breaks out onboard
Other countries11:03
Starship to perform its 13th test flight on July 16 — SpaceX
Other countries10:40
Former emir of Qatar, Sheikh Hamad bin Khalifa Al Thani, dies at 74
Other countries10:20
At least two killed in Toronto street festival shooting
Other countries09:55