National Bank of Azerbaijan streamlines capital outflow

National Bank of Azerbaijan streamlines capital outflow
# 25 June 2007 12:07 (UTC +04:00)
The National Bank told APA-Economics that the move comes in the context of deepening the national economy’s integration to the global economy, accelerating mutual investments flow, cutting interest rates and maintaining macroeconomic stability in the country seeing a great amount of export revenues or capital influx.
The amendments to foreign currency bank accounts of residents will come effective after approval by the Justice Ministry.
Since 1996, NBA has continuously been liberating currency transactions. /APA-Economics/
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