"Fitch Solutions" forecasts exchange rate of manat to remain stable till 2027

"Fitch Solutions" forecasts exchange rate of manat to remain stable till 2027
# 14 November 2023 12:59 (UTC +04:00)

Fitch Solutions announced its forecast for the exchange rate of the Azerbaijani manat for the next ten years, APA-Economics reports citing Fitch Solutions.

Fitch Solutions predicted that the exchange rate of the Azerbaijani manat will remain stable till 2027. However, the company said that the exchange rate of the Azerbaijani manat will drop to 1.75 in 2027, and to 1.80 in 2028. According to the forecast, the USD/AZN exchange rate will remain at 1.80 until 2033.

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