The Board of the Central Bank of Azerbaijan (CBA) has decided to increase the interest rate, CBA said, APA-Economics reports.

The interest rate was raised from 6.25% to 6.5%, the lower limit of the interest rate corridor from 5.75% to 6%, and the upper limit of the interest rate corridor from 6.75% to 7%.

https://apa.az/en/xeber/finance-news/azerbaijan-central-bank-increases-interest-rate-358042