Central Bank of Azerbaijan lowers interest rate

Central Bank of Azerbaijan lowers interest rate
# 31 January 2024 10:02 (UTC +04:00)

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

The interest rate was decreased from 8,0 % to 7.75%, the lower limit of the interest corridor was decreased from 6.5% to 6.25%, and the upper limit of the interest corridor was decreased from 9.0% to 8.75%.

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