Central Bank: Reports on next devaluation are

23 June 2026

Central Bank: Reports on next devaluation are groundless

22:13 07 January 2016 Read: 1220

Central Bank: Reports on next devaluation are groundless

Complex measures for strengthening of financial stability in the banking sector, as well as improvement of system to insure personal savings are being taken, Central Bank of Azerbaijan told AzVision.az.

Bank says the next decisions will be publicized: “moreover, the reports on next devaluation are groundless”.

Exchange rate of manat is regulated basing on demand and supply in the currency market. Central Bank is participating in the currency market by selling currencies through auctions.

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