Central Bank of Azerbaijan maintains stable interest rate

The Board of the Central Bank of Azerbaijan (CBA) has decided to keep the key interest rate unchanged at 7.25%, according to a report from the regulator.

The upper limit of the interest rate corridor remains at 8.25%, while the lower limit stays at 6.25%. This corridor allows the Central Bank flexibility in adjusting rates as needed to respond to economic changes.

The CBA is set to revisit the question of altering the parameters of the interest rate corridor on October 30.