Tuesday, 02 January 2024 12:17 GMT

Central Bank Maintains Key Interest Rates Amid Steady Inflation Outlook


(MENAFN- AzerNews)

The Central Bank of the Republic of Azerbaijan (CBA) has decided to keep the policy interest rate unchanged at 7%, with the lower bound of the interest corridor at 6% and the upper bound at 8%, Azernews reports. According to a press release issued by the Central Bank, the decision was made after considering the alignment of actual inflation with the forecast trajectory and its comparison with the target...

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