Central Bank of Azerbaijan reduces interest rate

Central Bank of Azerbaijan reduces interest rate
  • Clock-gray 12:10
  • calendar-gray 30 July 2020

The Board of the Central Bank of Azerbaijan (CBA) has decided to reduce the interest rate from 7 percent to 6,75 percent, Chairman of the Board of the Central Bank of Azerbaijan (CBA) Elman Rustamov said at the press conference held today, APA reports.

The lower limit of the interest rate corridor was set at 6.25 percent while the upper limit of the interest rate corridor - at 7.25 percent.

Narmin Rahimova

Other news