Central Bank keeps refinancing rate and other interest rate corridor parameters unchanged

6 May 2026: The Management Board of the Central Bank of the Republic of Azerbaijan decided to keep all parameters of the interest rate corridor unchanged.   The decision was made considering the alignment of actual inflation and forecasted inflation with the target range, the risks arising from heightened geopolitical tensions, the global financial conditions, the domestic macroeconomic environment, as well as the transmission of monetary policy decisions to the real sector.   Annual inflation remains within the target range. In March 2026, 12-month inflation stood at 5.6%. Annual price growth amounted to 6.5% for food, alcoholic beverages and tobacco products, 5.7% for paid se...