Policy Interest Rate in Azerbaijan
Inflation came in at 13.6% in March, down from February’s 14.1%. Inflation is seen softening further in the coming months as the effect of recent interest rate hikes is increasingly felt. However, it is still forecast to average above the Central Bank’s 2.0–6.0% target band this year.
Azerbaijan Policy Interest Rate Chart
Azerbaijan Policy Interest Rate Data
2017 | 2018 | 2019 | 2020 | 2021 | |
---|---|---|---|---|---|
Refinancing Rate (%, eop) | 15.00 | 9.75 | 7.50 | 6.25 | 7.25 |