Azeri central bank says leaves refinancing rate unchanged at 15 pct

Business

18:07 | 19.09.2017

Azeri central bank says leaves refinancing rate unchanged at 15 pct

Azerbaijan’s central bank left the refinancing rate unchanged at 15 percent, it said in a statement on Monday.

The central bank did not change the rate in August and left it at 15 percent saying that although the rate of inflation was slightly down, there were "structural risks” in the economy.

Consumer prices in Azerbaijan rose by 0.2 percent month-on-month in August, up from 0.1 percent in July, the State Statistics Committee said last week.

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