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The Central Bank reduced the discount rate to 5 percent
The Central Bank of Azerbaijan (CBA) decreases from 10 December this year, the discount rate to 5%. As reported by the Central Bank Turan, the upper limits of interest rate corridor unchanged: the top - 7% lower - 1%.
The need to address the Board of CBA justified "Creating further reduce interest rates and thereby maintaining economic growth in the non-oil sector."
The last time the discount rate unchanged in June 2011. Then it was increased from 5% to 5.25%. - 15V-
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- Economics
- 7 December 2012 15:49
Economics
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