Analysts Wary Over Issuance Of 200 Manat Banknote, Says Inflation Possible

Analysts Wary Over Issuance Of 200 Manat Banknote, Says Inflation Possible Analysts say inflation of manat could come as a result of the new large denomination’s injection into circulation Money is about to grow in Azerbaijan. Alim Guliyev, first Deputy Chairman at the Central Bank of Azerbaijan announced on Tuesday that it may introduce banknotes in denominations of 200 AZN, or roughly USD $118. “Banknotes worth, for example, 500 manats... Read More