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Stabilization is observed in the currency market

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Stabilization is observed in the currency market

Stabilization is observed in the currency market as a result of measures taken, Natiq Amirov, Azerbaijani presidential aide on economic reforms said on June 21, APA reports.

“Oil price decline, negative impact of global financial processes on banking sector and foreign investments in the country, devaluation of national currencies of trade partners made manat devaluation necessary. As a result of measures taken, manat is preserving its fundamental value”, Amirov said.

Date
2016.06.21 / 12:30
Author
Axar.az
See also

Azeri Light crude rises to $113.32

Azerbaijan’s strategic reserves hit $90.77 billion

Oil prices continue to rise

Azeri Light climbs above $107

CBA's foreign exchange reserves reach historic high

Oil prices climb on global markets

Oil prices continue to rise in global markets

Oil prices rise again on global markets

Azeri Light climbs above $101 per barrel

Azeri Light climbs above $97 per barrel

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