The Board of Directors of the Central Bank of Azerbaijan (CBA) decided to maintain the discount rate at 7.25%.
Oku.Az informs that the Central Bank of Azerbaijan has published information in this regard.
According to the information, the lower limit of the interest corridor remained at 6.25% and the upper limit at 8.25%.
“This decision was made taking into account the fact that actual and projected inflation is at the target (4±2%) and the analysis of internal and external conditions,” the CBA stated.
Information about the upcoming decision on the parameters of the corridor of interest will be announced to the public on December 18.
