Central Bank to re-announce a decision on interests

13:01 - 12.12.2022


December 12, Fineko/abc.az. On 16 December 2022, the Central Bank will announce its decision on the interest rate for the last time in 2022.

ABC.AZ reports that the Central Bank is also expected to raise interest rates at the next meeting.
On 28 October 2022, by the decision of Central Bank’s board, the discount rate was increased by 0.25 p.p. to 8%, the lower limit of the interest rate corridor was increased by 1.00 p.p. to 5%, and the upper limit was maintained at 9.25%.