Эльман Рустамов
Devaluation is not expected, promises Elman Rustamov
Baku / 09.04.18 / Turan: There are no fundamental reasons to cheap manat, Elman Rustamov, Chairman of the Board of the Central Bank of Azerbaijan (CBA) said at a press conference on April 9. According to him, for two years the rate of manat to the dollar has remained stable. "Expectations about the change in the manat exchange rate have decreased, both among the population and participants of the financial sector," Rustamov said.
In recent days in commercial banks the dollar rate has slightly increased to 1.7 manats. Rustamov also said that commemorative coins will be issued on the occasion of the 100th anniversary of the Azerbaijani People's Republic. -16D-
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- Finance
- 9 April 2018 16:47
Finance
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The Central Bank of Azerbaijan has announced a review of insurance on the results of January-October 2024.
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The Board of the Central Bank of Azerbaijan has approved ‘Rules of prudential regulation of activity of non-bank credit organisations’.
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In 2025 the revenues and expenditures of the Mandatory Health Insurance Fund will make up about AZN 3 billion.
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In 2025, President Ilham Aliyev's Reserve Fund will again remain unchanged and will be AZN 300 million. This is stated in the draft law ‘On State Budget for 2025’.
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