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    Central Bank of Azerbaijan hosts a meeting

    Liberalization of the exchange rate regime has become an objective reality in current economic conditions

    Baku. 23 January. REPORT.AZ/ Board of the Central Bank of Azerbaijan (CBA) has held a wide range meeting on results of year 2016.

    Report informs referring to the CBA.

    At a meeting with the heads of structural divisions and regional territorial offices, Chairman of CBA Elman Rustamov said in his speech that during the reporting period, impact on the economy of Azerbaijan in the world economy will continue. In this regard, an issue of strengthening the stability of national economy more actualized.

    It was noted that liberalization of exchange rate regime has become an objective reality in current economic conditions, and one of the most effective steps to improve the balance of payments and foreign exchange reserves of strategic stability and effectively protect the national economy from the negative effects of the global economy.

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