Fitch Solutions: CBA to maintain cautious monetary policy in 2026

15:33 - 20.02.2026


February 20, Fineko/abc.az. In 2026, the Central Bank of Azerbaijan will continue its cautious monetary policy and maintain the stable exchange rate of the manat.

ABC.AZ informs that this is stated in Fitch Solutions’ forecast on Azerbaijan.

"The Central Bank will gradually reduce the base interest rate from current 6.5% to 6% by the end of 2026," the report says.

On February 4, the CBA Board of Directors decided to reduce the discount rate by 0.25 percentage points to 6.5%. The next decision on the parameters of the interest rate corridor will be made on April 2.

"The exchange rate of the manat will continue to be strictly controlled, maintained at 1.7 AZN/USD through interventions, reflecting the authorities' long–term commitment to maintaining the stability of the national currency," the authors of the report emphasized.