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Azerbaijan able to prevent forecasted sharp floating of manat rate

Azerbaijan able to prevent forecasted sharp floating of manat rate

19 January 2016 11:09 (UTC +04:00)

“The population must know that jointly with other state bodies, the Central Bank intends and is able to take measures to stabilize the macroeconmic situation, including dynamics of manat rate, prevent forecasted sharp floating of manat rate. President Ilham Aliyev yesterday gave tasks to extend cooperation with the international financial organizations such as International Monetary Fund, World Bank, Asian Development Bank. The negotiations with the international financial organizations cover investment programs, involvement of financial resources to the country. The Central Bank, Ministry of Finance and other state bodies have contacted with the international financial organizations. We’ll use these opportunities”, Rustamov said.

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