Manat stability proves balanced market – central bank - EXCLUSIVE

Manat stability proves balanced market – central bank - EXCLUSIVE
  • Clock-gray 08:57
  • calendar-gray 28 September 2017

“The demand-supply ratio is affected by the situation of the balance of payment. Of course, oil price have direct and indirect impacts on Azerbaijan’s balance of payment. These impacts mainly manifest themselves in the mid- and long-term period. However, the oil price is not only factor affecting the balance of payment and currency market. Dynamics of manat rate will further be formed by all factors influencing currency market”, bank said.

 

The Central Bank has set the USD/AZN rate at 1.7002 for today. 

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