APA-Economics reports that CBA recommended commercial banks not to exceed maximum limit of selling rate of USD (1.055): “Following the processes in the neighbour countries’ economies, an agiotage is being observed in the country. Even, some exchange offices sold 1 USD for AZN 1.07. In order to eliminate the agiotage, the CBA warned commercial banks. The banks were recommended to sell USD at the limit of 1.055”.
CBA said measures will be taken against the banks which don’t obey the requirement.
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