CBA: Banks instructed not to issue entered cash money into re-circulation amid coronavirus

CBA: Banks instructed not to issue entered cash money into re-circulation amid coronavirus
  • Clock-gray 13:28
  • calendar-gray 19 March 2020

Measures aimed at minimalization of massive gathering and contact places of people and works, processes in this regard are taken by Azerbaijani government in the framework of organization of fight against coronavirus (COVID-19) infection and relevant measures are being taken by the Central Bank of Azerbaijan too on regular basis as a part of these measures, the CBA told APA-Economics.

In circulation carried out by Central Bank, special requirements against commercial banks have been determined in accordance with pure monetary policy, and instructed to deliver to Central bank for discontinuation of reissuance of cash banknotes and processing in accordance to relevant standards.

Narmin Rahimova

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