Azerbaijan's Central Bank Maintains Refinancing Rate Unaltered
Date
11/1/2024 5:14:56 AM
(MENAFN- Trend News Agency)
BAKU, Azerbaijan, November 1. The Central Bank
of Azerbaijan (CBA) has decided to keep the refinancing rate
unchanged at the level of 7.25 percent, Trend reports.
According to the CBA, the upper and lower bounds of the interest
rate corridor stayed the same at 8.25 percent and 6.25 percent,
respectively, keeping everything on an even footing.
The next decision regarding the parameters of the interest rate
corridor will be disclosed on December 18 of the current year.
Will be updated
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