17:31 - 21.07.2022

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July 21, Fineko/abc.az. The European Central Bank (ECB) has raised interest rates by 50 points. An increase of 25 points was in the forecast.

ABC.AZ reports that the bank raised the deposit rate from minus 0.50% to 0%. In the text of the decision, the ECB says that it is advisable to increase the percentage even more at the upcoming meetings.

The text of the resolution says that the amount of the next percentage increases will be determined from meeting to meeting.