Baku18.12.20 / Turan: The Board of the Central Bank on Friday decided to reduce the discount rate by 0.25%.The Central Bank said that the discount rate will be reduced from 6.5% to 6.25%.The lower limit of the interest rate band is set at 5.75% and the upper limit at 6.75%.The decision comes into force on December 18. The message says that the next meeting of the Central Bank Board on the discount rate will be held on January 29, 2021. –71D- 

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