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Central Bank of Azerbaijan raises discount rate

16 Dec 2022 12:19
2136

Economics

Central Bank of Azerbaijan raises discount rate

The Central Bank of Azerbaijan (CBA) on Friday decided to raise the discount rate by 0.25 percentage points from 8% to 8.25%, News.Az reports.

The lower limit of the interest rate corridor has been increased by 1.25 percentage points to 6.25%, and the upper limit has been set at 9.25%.