Central Bank of Azerbaijan lowers interest rates

Central Bank of Azerbaijan lowers interest rates
  • Clock-gray 16:16
  • calendar-gray 19 June 2020

Board of the Central Bank of Azerbaijan (CBAR) has taken a decision on dropping interest rate from 7,25% to 7,0% by reducing it 25 base points, APA reports citing CBAR.

Upper limits of rate corridor determined 7.5 % and lower rate corridor - 6.5 %.

Narmin Rahimova

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