September 13, 2019 / 11:08 AM / 3 months ago

Azerbaijan's c.bank cuts refinancing rate to 8%

BAKU, Sept 13 (Reuters) - Azerbaijan’s central bank said on Friday it had cut its refinancing rate to 8.00% from 8.25%.

The central bank also adjusted its rate corridor, setting a lower boundary at 6.25% and an upper boundary at 9.75%, compared with 6.25% and 10.25% previously. (Reporting by Nailia Bagirova; writing by Anastasia Teterevleva; editing by Maria Kiselyova)

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