Elman Rustamov: “Exchange rate for national currency will be stable this year”

Elman Rustamov, Chairman of CBA

© APA | Elman Rustamov, Chairman of CBA

# 28 January 2022 12:53 (UTC +04:00)

“Exchange rate of national currency will be stable this year and exchange rate of manat will be preserved,” said Chairman of CBA Elman Rustamov while his speech at an online press conference on parameters of the rate corridor, APA-Economics reports.

According to him, the bank applied neutral policy in this direction, not a protectionist one, and has protected the manat from revaluation, not devaluation.

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