Azerbaijan reduces discount rate

The Central Bank of Azerbaijan has reduced the discount rate by 0.25 percentage point from 7.5% to 7.25%. This is reported on the website of the structure. The report says that the lower limit of the interest rate corridor was kept at 6.25%, while the upper limit was reduced by 0.25 percentage points from 8.5% to 8.25%. ‘This decision was adopted in view of the comparison of actual and projected inflation with the target (4&p...

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