EBRD: Increasing oil price strengthens manat

EBRD: Increasing oil price strengthens manat
  • Clock-gray 12:43
  • calendar-gray 10 May 2017

According to the report, the annual inflation increased to 13.2%.

 

Bank says the lending will remain at lower level due to tight monetary policy, difficulties on manat liquidity, consolidation process in banking sector: “At the same time, Azerbaijan’s currency reserves are at high level ($37.1 billion as at the end of 2016)”. 

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