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Azerbaijan posts decrease in interest rates on interbank lending
Finance
- 10 December, 2018
- 11:23
Baku. 10 December. REPORT.AZ/ The average annual interest rate on interbank lending in manat dropped by 3.86 percentage points to 6.56% in October, Report informs citing the Central Bank of Azerbaijan (CBA).
According to the CBA, the interest rates on foreign currency fell from 4.98% to 4.73%.
In early 2018, the average interest rate on interbank lending in manat was 11.8%, in foreign currency – 4.93%.
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