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Tomorrow the Central Bank of Azerbaijan will announce the interest rate decision

Business 13:55 15 Dec, 2022
Tomorrow the Central Bank of Azerbaijan will announce the interest rate decision

Tomorrow the Central Bank of Azerbaijan will announce the interest rate decision
Tomorrow, the next decision of the Board of the Central Bank of Azerbaijan (CBA) on the parameters of the interest rate corridor will be announced.

Qazet.az report  that CBA has released information about this.

It should be recalled that on October 28, the Board of Directors of the institution made a decision to increase the discount rate by 0.25 percentage points from 7.75% to 8%. The lower limit of the interest corridor was increased by 1 percentage point to 5%, and the upper limit was again set at 9.25%.