Interbank dollar loan rates climb in Azerbaijan

Baku. 12 December. REPORT.AZ/ Interbank loans in manat continued to decrease in Azerbaijan in October 2017.

Report informs referring to the monthly report of Central Bank of Azerbaijan (CBA).

Average rate for manat loans decreased by 0.47 basis point in October and as of November 1 it amounted to 7.94% in annual comparison. Average rate for loans in foreign currency increased by 0.25 basis point from 9.97% to 10.22%.

As of January 1, average rate of interbank loans in manat amounted to 10.86%, rates of interbank loans in foreign currency was 5.42%.