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Central Bank: Fed decision does not have a direct impact on manat
15 December 2017
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The US Federal Reserve’s decision on interest rate may have effect on countries with a large volume of speculative capital inflow in a short period. As Azerbaijan is not a country with a large volume of speculative capital inflow, no short-term change is expected in this country under the impact of the Fed’s decision, Central Bank of Azerbaijan (CBA) told AzVision.az.
The CBA says that this decision does not have a direct effect on manat rate.
