10:36 - 31.01.2024

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January 31, Fineko/abc.az. The Board of the Central Bank of Azerbaijan (CBA) has decided to reduce the discount rate by 0.25 percentage points - from 8% to 7.75%.

ABC.AZ reports with reference to the CBA that at the same time, the upper threshold of the interest rate corridor was reduced by 0.25 p.p. - from 9% to 8.75%, and the lower threshold - by 0.25 p.p. - from 6.5% to 6.25%.

The decision comes into force on February 1. The next meeting of the CBA Board on the parameters of the interest rate corridor will be held on March 28.