Azerbaijan’s central bank to announce next rate decision on 10 December

The Central Bank of Azerbaijan (CBA) will release its next decision on the interest rate corridor parameters on 10 December, Oxu.Az reported.

The CBA Board will take into account the trajectory of actual inflation as well as domestic and external risk factors when making the decision.

The current policy rate stands at 7%, with the lower corridor at 6% and the upper at 8%. On 23 July, all corridor parameters were cut by 0.25 percentage points, while the 22 October decision left them unchanged.