Manat Confidence Grows As Currency Market Remains Stable, CBA Governor

2025-11-19 09:05:13

(MENAFN- AzerNews)

Since 2022, reforms aimed at strengthening the transmission mechanism by the Central Bank have contributed to a significant reduction in dollarization in the economy. Resident currency operations in dollars fell sharply over the past year to 28.5 percent, the lowest level in history, reflecting both stable expectations and growing confidence in the manat.

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