Baku 11° 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.
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