Baku: The Board of the Central Bank of Azerbaijan (CBA) has announced its next decision regarding the interest rate, APA-Economics reports. The Central Bank has maintained the interest rate at 7.25%. Additionally, the lower limit of the interest rate corridor remains at 6.25%, while the upper limit is held at 8.25%.

According to Azeri-Press News Agency, this decision reflects the ongoing economic strategy of the Central Bank to stabilize the country's financial environment. The unchanged rates suggest a focus on maintaining current economic conditions without introducing fluctuations in borrowing costs.

The Central Bank's interest rate decisions are crucial for influencing the country's economic activity, impacting everything from consumer loans to business investments. By keeping rates steady, the Central Bank aims to support a stable economic growth trajectory while monitoring inflationary pressures and other economic indicators.