Central Bank of Azerbaijan keeps discount rate at 9%

The Central Bank of Azerbaijan (CBA) has decided to keep the discount rate at 9%, Report informs referring to the CBA.

The lower threshold of the interest rate corridor remained at 7.5% and the upper at 10%.

“The decision was made taking into account the dynamics of factors that have a decreasing and increasing impact on the price level in the internal and external environment,” reads the statement.