CBA keeps discount rate stable

The Board of the Central Bank of Azerbaijan (CBA) has decided to keep the discount rate at 6.25%, the chairman of the organization, Elman Rustamov, said at an online press conference.

According to him, the lower limit of the interest rate corridor was maintained at 5.75%, and the upper limit at 6.75%.

The CBA will announce the next decision on the interest rate corridor parameters to the public on March 19.