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Economists on consequences of manat stability at level of 1.7 to dollar

The Azerbaijani manat maintains an exchange rate of 1.7 to dollar since the spring of 2017. At that time, the Central Bank of Azerbaijan announced that they had let the currency exchange rate float freely, and promised to carry out interventions only to prevent short-term volatility. Since then, the currency…

The post Economists on consequences of manat stability at level of 1.7 to dollar first appeared on The South Caucasus News.