Baku / 03/15/19 / Turan: The Board of the Central Bank of Azerbaijan has decided to reduce the discount rate from 9.25% to 9%, the Central Bank said.The maximum limit of the interest corridor is set at 11%, and the minimum limit is 7%.The decision takes effect March 15, 2019.In 2019, the Central Bank lowered the discount rate a second time. By decision of the Board on February 1, the discount rate was reduced from 9.75% to 9.25%.In 2018, the Cent...

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