Baku 25° C
Fitch: Fed's raising rates will not directly affect Azerbaijani manat
Finance
- 16 March, 2017
- 06:58
Baku. 16 March. REPORT.AZ/ Decision adopted by US Federal Reserve System (Fed) yesterday on increase in interest rates will not directly affect the exchange rate of Azerbaijani manat.
Report informs, Fitch international rating agency stated.
According to agency, raising interest rates can only create a psychological pressure: "Only if there is a substantial change in oil prices, it may play a role in formation of the exchange rate."
Notably, yesterday Fed has raised discount rate by 0,75-1,00%.
Author
Latest News
23:52
Cody Gakpo named best player of match in Netherlands–Sweden clash
Football23:43
Trump says there will be no tolls in Strait of Hormuz unless imposed by US
Other countries23:22
World Cup 2026: Netherlands thrash Sweden to go top of group
Football23:03
Photo
Iranian President thanks Pakistan for helping end war with US
Region22:48
Al Jazeera сameraman killed in Israeli strike on Gaza
Other countries22:42
Pakistan's leadership may visit Switzerland for talks
Other countries22:19
MFA: We express our solidarity with refugees and forcibly displaced persons
Foreign policy22:08
Four killed, dozens injured in minibus crash in Türkiye
Region21:47