13:39 - 30.10.2020
October 30, Fineko/abc.az. The Board of the Central Bank of Azerbaijan has taken a decision to maintain the discount rate at the level of 6.5%.
ABC.AZ reports that the above-said statement was made by CBA’s chairman Elman Rustamov at an online press conference.
Rustamov noted that the upper limit of the discount rate corridor was kept at 7% and the lower limit at 6%.
The CBA chair stressed that the decline in oil prices and geopolitical risks make it difficult to reduce the discount rate.
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