Central Bank of Azerbaijan prepares to announce next interest rate decision

Tomorrow, the Central Bank of Azerbaijan (CBA) will announce its next decision on the parameters of the interest rate corridor. This will be the last decision of the regulator on the interest rate in 2023. Recall that on 1 November the Central Bank decided to reduce the discount rate by 0.5 percentage points from 9% to 8.5%. The lower limit of the interest rate range was reduced by 0.5 percentage points from 7.5% to 7% and the upper limi...

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