28 Aug 2026
Azerbaijani Central Bank leaves base rate unchanged
The Central Bank of Azerbaijan (CBA) has decided to leave the base rate unchanged at the level of 7.75 percent, on July 29, Trend reports citing CBA.
The upper limit of the interest corridor remained at the level of 9.25 percent, and the lower limit at 6.25 percent.
"The influence of both downward and upward factors on actual and projected inflation has been observed since the last meeting of CBA, which was devoted to monetary policy,” the bank said.
“Strengthening of nominal effective exchange rate of Azerbaijani manat (national currency) as a result of an additional depreciation of national currencies in some partner countries, decrease in indicators characterizing the dynamics of world food prices in June, supply and logistics costs are the factors that have a restraining effect on inflation,” CBA noted.
“The expansion of total demand may create conditions for the transfer of increased spending in recent years to domestic inflation,” CBA added.
"It is expected that macroprudential decisions taken in order to effectively regulate lending activity will also have a downward effect on total demand. The inflation forecast remained almost unchanged in the context of the multilateral influence of various factors,” Azerbaijani Central bank added.
It is expected that inflation will be below the current level by the end of 2022, while its current dynamics will continue.
Latest news
Latest newsMoscow Warns London: Russia Considers Strikes on British Military Targets
27.Aug.2026
Kazakhstan Launches a New Economic Strategy: GDP Growth, Investment and Pension Reform
27.Aug.2026
CIA Director Visits Moscow: Trump Hopes for Results
26.Aug.2026
Former Ukrainian Defense Minister Warns of Risk of Gradual Defeat in War with Russia
25.Aug.2026
Putin Authorizes Temporary State Management of Critical Infrastructure Vulnerable to Drone Attacks
24.Aug.2026
The United States Rapidly Expands Missile Production: Pentagon Accelerates Output of Tomahawks and Other Critical Weapons
24.Aug.2026
Record Supplies: Armenia Boosts Fish Exports to Georgia
23.Aug.2026
Political Battle During Wartime: Zelensky Opposes Elections
23.Aug.2026
Romania Approves Construction of One of the Largest Solar Power Plants in Europe
23.Aug.2026
Ex-Ukrainian Defence Minister Fails in Bid to Pressure Zelenskiy
22.Aug.2026
Upper Lars: Why Border Queues Have Become a Political Signal for Georgia and Russia
22.Aug.2026
Russia-Ukraine War: No Decisive Breakthrough on the Front and Intensifying Ukrainian Deep Strikes on Russia
21.Aug.2026
TRIPP, Peace, and a New Geopolitical Crossroads: How Armenia Has Changed One Year After Washington
20.Aug.2026
Tokayev Updates Kazakhstan Foreign Policy Concept: Astana Strengthens Its Strategic Multi Vector Approach
19.Aug.2026
Ukraine Turns Ground Robots into a New Tool in the Fight Against Russia
19.Aug.2026