CBA keeps unchanged interest rate

CBA keeps unchanged interest rate
# 18 June 2021 17:51 (UTC +04:00)

The Board of Directors of the Central Bank of Azerbaijan (CBA) has adopted a decision to keep unchanged the interest rate at the level of 6.25%, the CBA told APA-Economics.

The ceiling of the interest rate collar has been kept at 6.75%, and its floor limit has been raised to 5.75%

Note that the next decisions on the parameters of the interest rate corridor are scheduled for July 30, September 17, October 29, and December 17. The announcement of the decision will be accompanied by a press conference on July 30 and October 29.

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THE OPERATION IS BEING PERFORMED