Central Bank of Azerbaijan lowers interest rates

Central Bank of Azerbaijan lowers interest rates
# 14 June 2018 10:30 (UTC +04:00)

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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THE OPERATION IS BEING PERFORMED