The Management Board of the Central Bank of Azerbaijan (CBA) has decided to decrease the refinancing rate to 7% from 7.25%, the floor of the interest rate corridor to 6% from 6.25%, and the ceiling of the interest rate corridor to 8% from 8.25%, SİA informs, citing the CBA.
The decision has been made considering the alignment of actual inflation with the forecast trajectory and its comparison with the target range (4±2%), recent global economic developments, the domestic macroeconomic environment, continued stability in the FX market, and the transmission of monetary policy decisions.
This decision takes effect on July 24, 2025.
Information on the next decision regarding the parameters of the interest rate corridor will be published on September 10, 2025.
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