CBA may reconsider reduction of discount rate

CBA may reconsider reduction of discount rate
# 13 October 2016 09:05 (UTC +04:00)

Baku. Musa Ahmadov - APA-Economics. Central Bank of Azerbaijan will set the discount rate by taking into account the dynamic of macroeconomic indicators, including inclination on inflation, processes in the financial market, Central Bank of Azerbaijan told APA-Economics.

“In case the risks of decrease and increase of inflation slackens, the discount rater may be reviewed”, Bank said.

Current discount rate makes up 15%.

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