Central Bank of Azerbaijan Holds Key Rate Steady

As reported by FinFly, the lower bound of the interest rate corridor was kept at 5.5 percent, and the upper bound at 7.5 percent.

"When deciding on the parameters of the interest rate corridor, the stabilization of actual and forecasted inflation within the target range, the geopolitical situation, trends in global financial markets, and the domestic macroeconomic environment were taken into account," the CBA said.