Azerbaijan central bank raises refinancing rate to 5 pct from 3 pct

11:00 | 15.02.2016
Azerbaijan central bank raises refinancing rate to 5 pct from 3 pct

Azerbaijan central bank raises refinancing rate to 5 pct from 3 pct

Azerbaijan's central bank said on Monday it was raising its refinancing rate to 5 percent from 3 percent, with immediate effect.

The previous rate had been in force since July 13.

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