The Central Bank of Azerbaijan (CBA) continues to reduce the discount rate, and the country's banks continue to reduce the cost of manat deposits. Recall that according to the April 9 CBA Board decision, the annual interest rate of the centralized credit resource decreased from 13% to 11%. The CBA lowered the discount rate from 15% to 13% on February 12. It seems the tight monetary policy in Azerbaijan remains in the past. In view of the increase...

Please login or subscribe to read more

Leave a review

Markets Review

Follow us on social networks

In Focus