Baku / 07/31/17 / Turan: S & P analysts consider the monetary policy pursued by the Azerbaijani authorities to be ineffective. "At the same time, we believe the flexibility of the exchange rate of the manat helped reduce the pressure on the national currency rate and on reducing foreign exchange reserves. At the same time, we note the limited capacity of the Central Bank to influence the situation," the international rating agency said in a state...

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