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Azerbaijan’s Central Bank has no plan to invest in new instruments
Finance
- 31 July, 2024
- 10:07
The Central Bank of Azerbaijan (CBA) does not plan to invest in shares, real estate, or other new financial instruments, Ali Ahmadov, Executive Director at the CBA, said at a press conference today, Report informs.
"As with many central banks, we invest in fixed income securities as a conservative investor. Our assets consist mainly of investment-grade money market instruments," the director stated.
Author
Baku 7° C
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