The exchange rate outlook in Azerbaijan in 2018: Expectations and Challenges

The exchange rate outlook in Azerbaijan in 2018: Expectations and Challenges The exchange rate of the national currency of Azerbaijan, the manat, will remain the main focus of socio-economic policy in 2018. During the course of the year, factors that will have a positive effect on the exchange rate of the manat – the price of oil, balance of payments, fiscal policy, monetary policy, political environment, etc. – will be stronger. In the course... Read More

What to expect from the monetary policy of the Central Bank of Azerbaijan?

What to expect from the monetary policy of the Central Bank of Azerbaijan? The Central Bank of the Republic of Azerbaijan has announced that, a tight monetary policy is to be carried on. That is to say, the Central Bank will try to decrease the demand for USD by limiting monetary base. Although the implementation of the contractionary monetary policy since the oil price slump failed to stabilize the exchange rate of manat, the Central Bank does not... Read More