Central Bank sterilizes over USD 200m in Q1

Central Bank sterilizes over USD 200m in Q1 During the first quarter of 2012, the Central Bank continued its currency policy within targeting USD / AZN bilateral exchange rate. Offers have increased in the currency market in terms of large-size profits in the balance of payments of the country,Gun.Az reported, referring to the Bank. To prevent significant consolidation of currency and thus neutralize negative impacts on competitiveness of the non-oil sector, the Central Bank... Read More