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-
Finance
-
The Central Bank of Azerbaijan (CBA) has issued binding orders regarding 'Unibank' and 'Rabitabank'.This is reported on the CBA website.
-
Chairman of the Board of Trustees of the Mandatory Life Insurance Bureau (MLIB) Ziya Aliyev has been relieved of his post.
-
‘Baku Stock Exchange’ (BSE) has published operational indices for January 2025. Last month, 10,309.1 deals worth $3,189 million were concluded at the exchange. This is up by 4.55 times and up by 3.4 times from the same period of the last year respectively.
-
An auction on placement of the interest-bearing, registered, unsecured, undocumented bonds of the joint stock company ‘Ferrum Kapital’, which provides factoring services in Azerbaijan, with the code AZ2018022288 ISIN , nominal value of AZN 1 million, circulation term of 2 years, was not held at the Baku Stock Exchange (BSE). This is reported by the BSE.
Leave a review