Central Bank keeps interest rate unchanged

BUSINESS 13:21 / 09.12.2021 3804

According to the press service of the regulator, at the meeting, it was decided to keep the base rate unchanged at 14% per annum.

It should be recalled that the Central Bank has been keeping the base rate at 14% since September 10, 2020. In April of that year, the base rate was reduced from 16% to 15%.

Base rate is the minimum rate set by the Central Bank below which banks are not allowed to lend to their customers.

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