Azerbaijan Interest Rate

The benchmark interest rate in Azerbaijan was last recorded at 4.75 percent. Interest Rate in Azerbaijan is reported by the Central Bank of the Republic of Azerbaijan. Interest Rate in Azerbaijan averaged 4.63 Percent from 2005 until 2014, reaching an all time high of 13 Percent in December of 2007 and a record low of 2 Percent in December of 2009. In Azerbaijan, interest rate decisions are taken by the Central Bank of Azerbaijan. The official interest rate is the Refinancing Rate. This page provides - Azerbaijan Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-16

Actual Previous Highest Lowest Forecast Dates Unit Frequency
4.75 4.75 13.00 2.00 4.75 | 2014/04 2005 - 2014 Percent Monthly

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Azerbaijan Interest Rate
LIST BY COUNTRY

Money Last Previous Highest Lowest Forecast Unit
Interest Rate 4.75 2014-03-31 4.75 13.00 2.00 4.75 2014-04-30 Percent [+]
Money Supply M0 9956.10 2014-02-28 9911.70 10458.70 295.70 10161.06 2014-03-31 AZN Million [+]
Money Supply M2 16124.70 2014-02-28 15982.90 16434.80 369.00 16504.58 2014-03-31 AZN Million [+]
[+]


Interest Rate | Notes
The interest rate shown on this page refers to the central bank benchmark interest rate. Usually, the central bank benchmark interest rate is the overnight rate at which central banks make loans to the commercial banks under their jurisdiction. Moving the benchmark interest rate, the central bank is able to make an impact on interest rates of commercial banks, inflation level of the country and national currency exchange rate. Reduction of interest rates should bring increase in business activity, a rise in inflation rate and weakening of national currency. In case of increase in interest rates the level of business activity is likely to drop, inflation declines and national currency strengthens.


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