Azerbaijani Central Bank decreases lower limit of interest rate corridor

Central Bank of Azerbaijan (CBA) has decided to decrease lower limit of interest rate corridor to 4% (now 6.25%) at the initial stage of improvement of operational framework of monetary policy and activation of the money market among banks from September 1. In other words, lower limit of interest rate corridor is decreased by 2.25 percentage points, e-huquq.az reports.