Azerbaijan revises rules for selling foreign currency to banks

The Central Bank of Azerbaijan (CBA) has changed the ‘Procedure for purchase and sale of foreign currency between the Central Bank and banks’, which it approved on 15 November 2022. The decision, signed by the organisation's chairman Taleh Kazimov on 24 December, was made public on 10 January in the Justice Ministry's unified electronic database of legal acts. According to the resolution, from now on, banks that violated...

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