Central Bank Lowers Key Rate to 14.25%

The Central Bank has reduced the key interest rate for the ninth consecutive time.

2 min readEconomics

In a recent decision, the Central Bank has announced a decrease in the key interest rate from 14.5% to 14.25% per annum. This marks the ninth reduction in a row, reflecting the bank's ongoing strategy to stimulate economic growth and manage inflation. The adjustment is expected to have a significant impact on lending rates, making credit more accessible for businesses and consumers alike. Analysts suggest that this move is part of a broader effort to support the economy amid various challenges. The Central Bank's decision aligns with its goal of fostering a stable financial environment and encouraging investment.

Economics