Bank Of Baku

Central Bank recommends to sell maximum $1,000 to one person in currency exchange

Central Bank recommends to sell maximum $1,000 to one person in currency exchange
# 30 December 2015 10:27 (UTC +04:00)

One commercial bank told APA-Economics that the CB has instructed to the banks to restore currency exchange. However, on the press, the CB recommended to set a limitation in currency exchange.

 

Maximum limit makes $1,000 for one person.

 

CB letter says that no problem will occur in the provision of banks with foreign currency. This step was taken to eliminate speculation in the currency market, agiotage among the population. 

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