Central Bank of Azerbaijan reduces reserve requirements from 2% to 0.5%

[ 12 March 2015 17:24 ]

Baku. Musa Ahmadov – APA-Economics. Central Bank of Azerbaijan has reduced reserve requirements from 2% to 0.5%.

CBA Chairman Elman Rustamov has approved the amendments to the rules on reserve requirements, calculations.

Consequently, the reserve requirements have been reduced 4 times.