Discount rate to be reduced in August in Azerbaijan – CBA

  22 June 2017    Read: 909
Discount rate to be reduced in August in Azerbaijan – CBA
The Central Bank of Azerbaijan (CBA) will view the issue of reducing the discount rate at its next meeting on August 1.
The CBA said in a message June 22 that the management, which held a meeting recently, noted the potential to reduce the discount rate from the 2H2017, depending on economic and inflation dynamics.

Currently, the CBA’s discount rate is 15 percent.

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