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Central Bank of Azerbaijan keeps key rate stable

Central Bank of Azerbaijan keeps key rate stable

18 December 2024 11:05 (UTC +04:00)

The Central Bank of Azerbaijan (CBA) has revealed its last decision on the key interest rate in 2024, APA-Economics reports citing CBA.

The Management Board of the Central Bank of the Republic of Azerbaijan decided to leave the refinancing rate unchanged at 7.25%, the floor of the interest rate corridor at 6.25%, and the ceiling at 8.25%,

The decision was made considering the comparison of the actual and forecasted inflation with the target band (4±2%), the dynamics of inflationary factors and the assessment of the balance of risks.

Azerbaijan interest rate Central Bank

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