Decline in Turkish lira does not affect Azerbaijan's financial sector, banks' association says

The shrinking Turkish lira does not affect Azerbaijan's financial sector, chairman of the Azerbaijan Banks' Association (ABA) Zakir Nuriyev said.

"Undoubtedly, Turkey is one of our major trade partners, but today we do not observe any impact of the shrinking lira or other national currencies of the neighboring countries on our financial sector," he said.