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Azeri central bank cuts refinancing rate to 3.5 pct
July 30, 2014 / 12:31 PM / 3 years ago

Azeri central bank cuts refinancing rate to 3.5 pct

BAKU, July 30 (Reuters) - Azerbaijan’s Central Bank cut on Wednesday its key refinancing rate to 3.5 percent from 4.25 percent amid low annual inflation.

The central bank cut the refinancing rate last time to 4.25 percent from 4.75 percent effective from May. (Reporting by Nailia Bagirova; writing by Vladimir Soldatkin)

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