​Central Bank Chairman: Situation in Azerbaijan's exchange market is stable

Not all the currency we'd offered at auction was bought

Baku. 19 January. REPORT.AZ/ "Not all the currency we'd offered at auction was bought. Only 28 banks of 35 invited attended the auction. It shows that the situation on the exchange market in Azerbaijan is stable. But the exchange rate is still upsetting. The process continues due to a certain effect. Because the fall in oil prices has its own some external factors. Report informs, Chairman of the Central Bank of Azerbaijan Republic (CBAR), Elman Rustamov said.

E.Rustamov said that the main factor affecting the exchange rate of AZN is equal to external factors and swindlers created artificial excitement generated among the population: "People should know that the Central Bank together with other government agencies are able to take serious measures to prevent the manat sharp navigation in the country. We will develop our cooperation with international financial institutions."

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