The Central Bank of Azerbaijan (CBA) will keep the interest rate unchanged until the end of 2025., APA-Economics reports, citing the updated forecast of the international economic statistics portal Trading Economics (TE) regarding the CBA’s interest rate.
Thus, the portal has lowered its forecast for the third and fourth quarters of this year from 7.25% to 7.00%. This corresponds to the current interest rate of the CBA. In July of this year, the Central Bank reduced the interest rate to 7% for the first time in a year. The next decision regarding the interest rate will be announced by the CBA on September 10.