Baku 5° C
CBA targets 4% inflation rate next year
Finance
- 28 December, 2018
- 07:07
Baku. 28 December. REPORT.AZ/ Ensuring stable and low inflation in 2019 and mid-term period has been set as the main goal of the monetary and credit policy of the Central Bank of Azerbaijan (CBA).
CBA vowed in a statement that it will contribute to social well-being, economic growth and employment indirectly by continuing stable monetary and exchange rate policy.
"Ensuring steady prices within the CBA's remit by curbing inflation at 4% (± 2%) will be the ultimate goal of the bank's monetary and credit policy next year," the bank said.
Author
Latest News
21:28
Azerbaijan strengthens southern branch of Middle Corridor via new association
Infrastructure21:14
Napoli coach Conte gets two-game ban and fine after red card vs. Inter
Football21:00
Venezuela's FM: Presidential duties fulfilled, state institutions remain active
Foreign policy20:50
Hamas to elect first leader since Sinwar killed by Israel, sources say
Other countries20:41
Syrian President to pay official visit to Germany on Jan. 19
Other countries20:32
Bayramov: Azerbaijan hopes peace, stability to be established in Venezuela
Foreign policy20:26
US labels 3 Muslim Brotherhood branches as terrorist organizations
Other countries20:16
Trump urges Iranians to continue protests
Other countries20:00