The CBA also lowered the upper limit of the cap from 12 percent to 11.75 percent, and the lower limit of the floor from 8 percent to 7.75 percent.
More about: Azerbaijan CBA
Central Bank of Azerbaijan lowers discount rate
30 October 2018
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The Central Bank of Azerbaijan (CBA) has reduced the discount rate by 0.25 percent (from 10 percent to 9.75 percent), the Chairman of the CBA Elman Rustamov said at a press conference on Oct. 29.
