Taleh Kazimov: Discount rate does not affect inflation in Azerbaijan

Finance
  • 26 July, 2023
  • 08:23
Taleh Kazimov: Discount rate does not affect inflation in Azerbaijan

In countries like Azerbaijan, which are partially dependent on imports, the exchange rate does not affect inflation, CBA governor Taleh Kazimov told a press conference, Report informs.

According to him, inflation in Azerbaijan is expected to be 6-7% by the end of 2023, and 5.5-6.5% in 2024.