June 14, 2018 / 6:21 AM / 5 months ago

CORRECTED-(OFFICIAL)-Azerbaijan's central bank cuts rate to 10 pct from 11 pct

(Central bank corrects to say lower boundary held at 8 pct, not lowered to 6 pct)

BAKU, June 14 (Reuters) - Azerbaijan’s central bank said on Thursday it cut the refinancing rate to 10 percent from 11 percent.

The central bank also said it held the lower boundary of the rate corridor at 8 percent and lowered the upper boundary to 12 percent from 14 percent. (Reporting by Nailia Bagirova Writing by Maria Tsvetkova Editing by Andrey Ostroukh)

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