Central Bank lowers discount rate to 7.5%

11:09 - 28.03.2024

March 28, Fineko/abc.az. The Central Bank of Azerbaijan has taken a decision to cut the discount rate from 7.75% to 7.5% from March 29.

ABC.AZ reports that according to the CBA, the lower threshold of the interest rate corridor was kept at 6.25% and the upper one was reduced to 8.5% from 8.75%.