Azerbaijan’s Central Bank raises discount rate

24 November 2024

Azerbaijan’s Central Bank raises discount rate

11:58 16 December 2022 Read: 417

Azerbaijan’s Central Bank raises discount rate

The Management Board of the Central Bank of Azerbaijan (CBA) raised the discount rate by 0.25 percentage points from 8% to 8.25%, AzVision.az reports.

The lower limit of the interest rate corridor has been increased by 1.25 percentage points to 6.25%, and the upper limit has been set at 9.25%.

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