Azerbaijan leaves discount rate unchanged

The Central Bank of Azerbaijan (CBA) has decided to keep the discount rate at 7.25%. This is reported on the CBA website. The report says that the lower limit of the interest rate corridor was kept at 6.25% and the upper one at 8.25%. “This decision has been taken in view of the fact that actual and projected inflation is at the target level (4±2%) of the dynamics of internal and external inflation factors,” the CBA said...

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