11:14 - 25.12.2025

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December 25, Fineko/abc.az. The monetary policy in Azerbaijan as a whole has been relaxed this year and the discount rate has been cut from 7.25% to 6.75%, the upper limit of the interest rate range is from 8.25% to 7.75%, and the lower limit of the range - from 6.25% to 5.75%, ABC.AZ reports, referring to Central Bank of Azerbaijan’s statement on the main directions of monetary policy for 2026.

Currently, the discount rate is at its lowest level in the last 4 years and is close to neutral.

The CBA statement notes that in 2026, the interest rate corridor will continue to play an important role under shaping monetary conditions, and short-term interest rates in the money market will be used as an auxiliary operational objective of monetary policy.

The document also says that in order for interest rates on the interbank money market to be within Central Bank's interest rate range, the regulator will use all the tools available in its arsenal adequately and flexibly.

"The instruments of permanent opportunities will ensure the formation of interest rates within the interest rate corridor in the interbank money market next year. Overnight deposit and overnight reverse repo operations will be used as permanent availability tools. The interest rates on these instruments will be respectively equal to the lower and upper limits of the interest rate range," the Central Bank says.