Azerbaijani Central Bank Keeps Refinancing Rate Unchanged
Date
1/22/2025 2:08:18 AM
(MENAFN- Trend News Agency)
BAKU, Azerbaijan, January 22. The Central Bank
of Azerbaijan (CBA) made a decision to leave the refinancing rate
unchanged at the level of 7.25 percent, Trend 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.
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