Regulatory Alerts2026-06-24
Central Bank keeps refinancing rate and other interest rate corridor parameters unchanged
The Central Bank of Azerbaijan maintained all interest rate corridor parameters unchanged on June 24, 2026, citing stable inflation within the target range and favorable external sector indicators. The decision reflects a macroeconomic environment where annual inflation stood at 5.6% in May, currency reserves grew by 10.4% to $12.7 billion, and a positive trade balance persisted. While the bank anticipates continued inflation stability, it acknowledges rising external risks from global commodity prices and logistics costs, prompting a schedule adjustment for the next policy announcement to July 31, 2026.
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