Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Bloomberg Customers

Azerbaijan May Cut Interest Rates Next Year, Central Banker Says

Azerbaijan’s central bank, which cut borrowing costs this month, may ease monetary policy further in 2013 if the inflation rate remains low.

The regulator trimmed the benchmark refinancing rate to 5 percent from 5.25 percent on Dec. 7 to help stimulate growth in areas of economy outside the energy industry. Nine-month inflation slowed to 1.5 percent from 8.4 percent a year earlier, the State Statistics Committee said in October.

“Azerbaijan’s inflation rate has been very low this year,” central bank Chairman Elman Rustamov told reporters today in the capital, Baku. “If the trend continues, we may decide to cut the refinancing rate again next year.”

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.