May 1, 2020 / 8:12 AM / 25 days ago

Azerbaijan's central bank keeps refinancing rate at 7.25%

BAKU, May 1 (Reuters) - Azerbaijan’s central bank said on Friday it had held its refinancing rate at 7.25%.

The central bank also adjusted its rate corridor, setting its lower boundary at 6.75% and its upper boundary at 8%, compared with the 6.75% and 9.0% it had previously. (Reporting by Nailia Bagirova; Writing by Margarita Antidze and Maria Kiselyova; Editing by Gabrielle Tétrault-Farber)

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