The Central Bank of Azerbaijan (CBA) has decided to keep the refinancing rate unchanged at the level of 7.25 percent, BMG reports.
According to the CBA, the upper and lower bounds of the interest rate corridor stayed the same at 8.25 percent and 6.25 percent, respectively, keeping everything on an even footing.
The next decision regarding the parameters of the interest rate corridor will be disclosed on December 18 of the current year.
