Baku: The Central Bank of Azerbaijan (CBA) is set to announce its final interest rate decision for the year this week, on December 10, for the upcoming year 2025, as reported by APA-Economics.
According to Azeri-Press News Agency, the Central Bank last adjusted the interest rate on July 23, lowering it from 7.25% to 7%-a change that marked the first adjustment in over a year. In its most recent meeting on October 22, the CBA opted to maintain the interest rate at the current level.
The CBA has indicated that future decisions regarding the interest rate corridor will be influenced by the trend of actual inflation and the dynamics of both external and internal risk factors. It is also noted that foreign financial institutions anticipate the Central Bank will retain the interest rate at 7% for the remainder of the year.