Assessment on Real Effective Exchange Rate in Azerbaijan: 2017 Outlook

Assessment on Real Effective Exchange Rate in Azerbaijan: 2017 Outlook The implementation of fixed exchange rate regime for 20 years (1994-2014) resulted in a formation of an insecure currency position for all interest groups, including the government and business. Although the pressures on manat have commenced to increase since the second half of 2014, the Central Bank and the government failed in comprehending the process. That is why, promising... Read More