Azerbaijan Central Bank interest rate decision: what to expect in October 2026 - AzerNews

Azerbaijan’s monetary policy is entering a crucial phase as the Central Bank prepares to announce its latest interest rate decision on October 29. With annual inflation at 5.5%, the refinancing rate at 6.5% and banking sector structural liquidity surplus reaching 6.3 billion manats in August, policymakers face an increasingly complex balancing act. The forthcoming decision will offer valuable insight into the country’s economic priorities, particularly the relationship between price stability, financial market efficiency and sustainable economic growth. The Central Bank’s September decision established an important policy direction. While maintaining the refinancing rate at 6.