15:40 - 28.10.2024

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October 28, Fineko/abc.az. The Central Bank of Azerbaijan will make another decision on the discount rate on November 1, 2024.

On this day the CBA will announce its 7th decision on the discount rate this year.

In its last three decisions, the Central Bank has maintained fixed discount rate.

The CBA kept the discount rate at 7.25%, the lower limit of the interest rate corridor at 6.25%, and the upper limit of the interest rate corridor at 8.25%.

The CBA reported that further decisions on the parameters of the interest rate corridor will depend on the dynamics of actual and projected inflation, external and internal risk factors.