Rumours on increase of USD rate to AZN 2 are untrue - CBA

  19 January 2016    Read: 1169
Rumours on increase of USD rate to AZN 2 are untrue - CBA
"According to some rumours, the USD rate will make AZN 2-2.5. These rumours are untrue", said the head of the Central Bank of Azerbaijan Elman Rustamov.
He noted that in order to prevent abuse of some speculators, nearly 200 currency exchange offices have been abolished: “The currency exchange is conducted inside the banks and this factor will cause elimination of stirs”.

Rustamov added that as the oil price was forecasted at $25-30, the economy must be adapted to the oil price for stability.

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