15:50 - 29.01.2021
January 29, Fineko/abc.az. The Board of the Central Bank of Azerbaijan has taken a decision to keep the discount rate stable.
ABC.AZ reports that the above-said statement was made by CBA’s chair Elman Rustamov, when delivering speech at an online press conference.
He noted that the discount rate remained at the level of 6.25%, the lower limit of the interest rate corridor at 5.75%, and the upper limit of the interest rate corridor at 6.75%.
Rustamov added that the recovery of economic growth in 2021 and the growth of aggregate demand can increase inflation. According to CBA’s updated forecast, the annual inflation will be 4% by the end of 2021.
By Elmir Murad
