Central Bank of Azerbaijan lowers interest rates

Central Bank of Azerbaijan lowers interest rates
  • Clock-gray 10:30
  • calendar-gray 14 June 2018

The Central Bank of Azerbaijan (CBA) has reduced the interest rate from 11 to 10 percent, CBA Chairman Elman Rustamov said at a press conference on June 14.

 

The CBA also decided to set the upper and lower limit of the interest corridor at +/-2%.

 

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