(MENAFN- AzerNews)
By Trend
Monetary Policy and Financial Stability Committee was created by
the Central Bank of Azerbaijan (CBA), Trend reports via CBA.
The committee is a collegial body that regulates and coordinates
the operational activities of the structural units of the Central
Bank in the development and implementation of monetary and currency
policy, regulation and control of financial markets. At the
meetings of the committee, recommendations are made to the
management board on the operational framework of monetary and
exchange rate policy, parameters of monetary policy instruments,
proposals on macro- and micro prudential policy, decisions on the
management and regulation of probable crisis situations based on a
deep, comprehensive diagnosis of financial stability risks, and
appropriate decisions are made. The Committee is headed by the
Chairman of the CBA. The members of the committee are the heads of
the areas directly involved in the development and implementation
of monetary, exchange rate, and financial stability policy,' CBA
informs.
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