2023-02-01T06:08:01.057Z
The Central Bank of Azerbaijan increased the discount rate for the first time this year The Board of Directors of the Central Bank of Azerbaijan announced its first decision on the exchange rate in 2023. "APA-Economics" reports that the interest rate has been increased by 0.25 percentage points to 8.5%, the lower limit of the interest corridor has been increased by 0.5 percentage points to 6.75%, and the upper limit of the interest corridor has been increased by 0.25 percentage poin
The Board of Directors of the Central Bank of Azerbaijan announced its first decision on the exchange rate in 2023.
"APA-Economics" reports that the interest rate has been increased by 0.25 percentage points to 8.5%, the lower limit of the interest corridor has been increased by 0.5 percentage points to 6.75%, and the upper limit of the interest corridor has been increased by 0.25 percentage points to 9.5%.
Source: apa
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