Central Bank of Azerbaijan reduces discount rate

Baku, Azerbaijan, April 30 Trend: Starting from May 1, 2014 the discount rate in Azerbaijan will be reduced by 0.5 percentage points - to 4.25 percent, in accordance with a decision of the management board of the Central Bank of Azerbaijan (CBA). Translated by E.A. Edited by C.N. Story still developing Follow us on Twitter @TRENDNewsAgency