Central Bank of Azerbaijan reduces discount rate

Elvin Jamalov
Post's author

The Board of the Central Bank of Azerbaijan (CBA) decided to reduce the discount rate from 7.5% to 7.25%.

Report informs with reference to the CBA that this makes a 0.25% cut.

Latest news

Macron, PSG President miss Mbappe's farewell dinner 21 May, 2024 / 13:16
Laziz Kudratov: Uzbekistan seeks to improve bilateral co-op status with Azerbaijan 21 May, 2024 / 13:15
Baku and Tashkent sign road map 21 May, 2024 / 13:14
Yusif Abdullayev: ‘We are working on over 10 projects with Uzbekistan’ 21 May, 2024 / 13:08
Mikayil Jabbarov: Uzbekistan has become important market for Azerbaijani entrepreneurs 21 May, 2024 / 13:03
UK, Austria mull new restrictions against Russia 21 May, 2024 / 12:59
EU chief: No question of protectionism and closing market in relations with China 21 May, 2024 / 12:55
Azerbaijan's economy minister invites business community of Uzbekistan to take part in COP29 21 May, 2024 / 12:55
Extraordinary session of Azerbaijani parliament to be convened 21 May, 2024 / 12:49
Turkish army neutralizes 6 PKK terrorists in Iraq 21 May, 2024 / 12:49
Israeli police detain 4 suspects in plotting terror attack 21 May, 2024 / 12:39
Istanbul Development Dialogues presents vision for COP29 Presidency 21 May, 2024 / 12:35
Iranian charge d'affaires Seyyed Jafar Aghayi Marian takes over as acting ambassador to Azerbaijan 21 May, 2024 / 12:35
Baku Energy Forum to be held in June 21 May, 2024 / 12:31
Baku, Tashkent to hold 13th intergovernmental commission meeting in July 21 May, 2024 / 12:30