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Central Bank of Azerbaijan lowers interest rate

Central Bank of Azerbaijan lowers interest rate

28 March 2024 11:02 (UTC +04:00)

The Central Bank of Azerbaijan (CBA) has lowered the benchmark interest rate from 7.75 to 7.5 percent, APA reports.

According to the CBA data, the upper limit of the interest rate corridor was lowered from 8.75 percent to 8.5 percent and the lower limit was kept at 6.25 percent.

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