(14/06/2018) Azerbaijani CB reduced the discount rate.

(14/06/2018) Azerbaijani CB reduced the discount rate.

The Central Bank of Azerbaijan (CBA) reduced the discount rate from 11 to 10 percent, according to the authority’s Chairman, Elman Rustamov. The regulator further adopted the decision to lower the upper limit of the interest corridor from 14 to 12 percent. The lower...