Currency market in Azerbaijan: Why the national currency is losing its value?

Currency market in Azerbaijan: Why the national currency is losing its value? It has already been three month since the national currency of the Republic of Azerbaijan continuously loses its value. Since the second half of 2014, due to the fall in oil prices on the world markets, the resulting pressure on the national currency – ‘Manat’ is ongoing nowadays. Overall, Manat lost 49.6% of its value in 2015 and in addition, with more 3% depreciation... Read More