16:12 - 31.10.2023

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October 31, Fineko/abc.az. Fitch Solutions (FS), owned by Fitch Group, maintained its forecast regarding monetary policy in Azerbaijan in 2023.

ABC.AZ reports that FS predicts that in 2023 the Central Bank of Azerbaijan will raise the refinancing rate to 9.25%, which is the same as company's July forecast.

Fitch Solutions has also established that the manat exchange rate will remain stable in 2023.

Currently, CBA's discount interest rate is 9.0%, the lower limit of the interest rate corridor is 7.5%, and the upper limit is 10.0%.