COR29 may "melt" CBA's foreign exchange reserves

The Central Bank of Azerbaijan (CBA) does not rule out that in the coming months there will be trade-oriented intervention in the foreign exchange market. This is stated in the statement of this structure. ‘For 8 months of the current year, increased demand for currency, associated with the growth of direct currency expenses of the state (including servicing of public debt), reduction of trade credit obligations of enterprises operating...

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Finance

Finance
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Finance
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