BAKU, Azerbaijan, September 20. The Central Bank of Azerbaijan (CBA) has decided to leave the discount rate unchanged at nine percent, Trend reports.
According to the CBA, the upper and lower limits of the interest rate corridor also remained unchanged at 10 percent and 7.5 percent, respectively.
"The decision to keep the discount rate unchanged was made given the carried-out macroeconomic analyses, updated forecasts, changes in factors of internal and external inflation, and the balance of risks," the bank emphasized.
The CBA will publish its next decision on monetary policy on November 1, 2023.