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ING revises its forecast for discount rate in Azerbaijan for 2024-2025
Finance
- 14 May, 2024
- 12:57
The Dutch company ING Group forecasts the discount rate of the Central Bank of Azerbaijan (CBA) at 6.5% for 2024-2025.
Report informs, citing the company's published forecasts, that this is 0.5 percentage points less for 2024 compared to the forecast published in April, and 0.5 percentage points more for next year.
In Q2, 2025, the discount rate in Azerbaijan is envisaged at 7%.
ING Group predicts that by the end of 2026 the discount rate in Azerbaijan will be at 7.5%.
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