Central Bank of Azerbaijan lowers interest rate

Central Bank of Azerbaijan lowers interest rate
# 20 December 2023 11:06 (UTC +04:00)

The Central Bank of Azerbaijan (CBA) benchmark interest rate, APA-Economics reports citing the CBA.

The interest rate was decreased from 8,5 % to 8.00%, the lower limit of the interest corridor was decreased from 7.0% to 6.5%, and the upper limit of the interest corridor was decreased from 9.5% to 9.0%.

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THE OPERATION IS BEING PERFORMED