Azerbaijan's Central Bank keeps interest rate unchanged
Photo: Central Bank of Azerbaijan
The Management Board of the Central Bank of the Republic of Azerbaijan (CBA) decided to leave the interest rate unchanged at 7.25%, the floor of the interest rate corridor at 6.25%, and the ceiling at 8.25%, News.az reports citing CBA .
It was noted that the decision to keep the interest rate unchanged was made taking into account the fact that actual and projected inflation is within the target range (4±2%) and an analysis of macroeconomic tendency.
It was noted that the decision to keep the interest rate unchanged was made taking into account the fact that actual and projected inflation is within the target range (4±2%) and an analysis of macroeconomic tendency.
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