Baku / 19.09.17 / Turan: The Board of the Central Bank of Azerbaijan (CBA) has decided to keep the discount rate at the level of 15%.
Explaining this decision, the CBA said that in the conditions of the balance of payments surplus, the balance of the currency market is ensured, and the manat rate is stable and against this background the money supply in the economy has slightly increased.
"The analysis of monetary and non-monetary inflation factors testifies to the absence of a need to correct the monetary policy," CBA informed.
The lower (10%) and upper (18%) thresholds of the interest corridor are also preserved.
The revision of the discount rate will be next considered at the meeting on November 15. -71D-
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