The discount rate of the CBA has been lowered for the third time since the beginning of this year. However, this circumstance had no effect on the rates of local commercial banks. Credits of financial organizations continue to go up.The CBA reduced the discount rate from the previous 11% to 10%, the chairman of the country's main bank, Elman Rustamov, said at a press conference on Thursday. It was also decided to lower the upper limit of the inte...

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