On May 1, the Central Bank of the Republic of Azerbaijan will announce its next decision on the parameters of the interest rate corridor, Ednews reports citing Bank.
On March 28, 2024, the Management Board of the Central Bank of the Republic of Azerbaijan decided to reduce the interest rate from 7.75% to 7.5%, the upper limit of the interest rate corridor from 8.75% to 8.5%, and to keep the lower limit of the interest rate corridor unchanged at 6.25%.
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