Azerbaijan's Central Bank keeps interest rate unchanged

  22 January 2025    Read: 420
 Azerbaijan

The Central Bank of Azerbaijan (CBA) made a decision to leave the interest rate unchanged at the level of 7.25 percent, AzVision.az reports. 

According to the CBA, the upper and lower limits of the interest rate corridor also remained unchanged at 8.25 percent and 6.25 percent, respectively.

“The decision to keep the refinancing rate unchanged was made taking into account the fact that actual and projected inflation is within the target corridor (4±2 percent), as well as analyzing the global economic situation, macroeconomic trends, and transmission of the impact of monetary policy on the economy,” the publication reads.

 

AzVision.az


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