Central Bank of Azerbaijan increases interest rate
  • ECONOMY

  • 12:29 29 October 2021

Central Bank of Azerbaijan increases interest rate

The Board of the Central Bank of Azerbaijan (CBA) has adopted a decision on increasing interest rates, said chairman of the Central Bank Elman Rustamov in an online press conference on parameters of interest rate corridor, ONA-Economics reports.

The interest rate was raised from 6.5% to 7%, the lower limit of the interest rate corridor to 6%, and the upper limit of the interest rate corridor from 7% to 8%.

ONA

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