Central Bank of Azerbaijan increased discount rate

By the decision of the Management Board of the Central Bank of Azerbaijan (CBA), the discount rate was increased, Qazet.az reports citing the CBA. 

The interest rate was increased by 0.25% to 8.25%, the lower limit of the interest corridor by 1.25 % to 6.25%, while the upper limit of the interest corridor was kept unchanged at 9.25%.