CBA: Azerbaijani manat rate to remain stable

CBA: Azerbaijani manat rate to remain stable

16:51 26 April 2019 Read: 2109

CBA: Azerbaijani manat rate to remain stable

There are no prerequisites for growth of the exchange rate of the US dollar against manat in Azerbaijan, Chairman of Central Bank of Azerbaijan Elman Rustamov said at a press conference in Baku on April 26, AzVision.az reports.

Rustamov notes, the rise in prices of Azerbaijani oil provides replenishment of international currency reserves, which has a positive effect on the stability of the manat. “The macroeconomic situation in Azerbaijan is stable, and there is a surplus in the balance of payments,” he added.

More about: #Azerbaijan #manat

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