Azerbaijan Central Bank cuts accounting rate for second time this year

16:04 - 9.04.2018


April 9, Fineko/abc.az. The Central Bank of Azerbaijan (CBA) has lowered the accounting rate for the second time in 2018.

CBA chair Elman Rustamov has stated that the accounting rate was reduced from 13% to 11%.

This year’s first time when the CBA decreased the accounting rate (from 15% to 13%) was on 12 February.

 

 

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