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Central Bank of Azerbaijan keeps interest rate unchanged

Central Bank of Azerbaijan keeps interest rate unchanged

21 June 2023 11:10 (UTC +04:00)

In accordance with the decision of the Board of Directors of the Central Bank of Azerbaijan (CBA), the interest rate was kept unchanged at 9%, the lower limit of the interest corridor was 7.5%, and the upper limit of the interest corridor was 10%, APA-Economics reports citing CBA.

It was noted that this decision was made taking into account macroeconomic forecasts, factors affecting inflation and changes in the balance of risks.

Rahim Tariverdiyev

Azerbaijan CBA

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