Azerbaijan Central Bank keeps interest rate unchanged

Azerbaijan Central Bank keeps interest rate unchanged
  • Clock-gray 15:07
  • calendar-gray 29 January 2021

The Board of the Central Bank of Azerbaijan (CBA) has decided to keep the interest rate stable, APA-Economics reports that the chairman of the Central Bank Elman Rustamov said at an online press conference on the parameters of the interest rate corridor.

Thus, the interest rate remained at 6.25%, the lower limit of the interest rate corridor at 5.75%, and the upper limit of the interest rate corridor at 6.75%.

The next decision on the parameters of the interest rate corridor will be made on March 19.

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