Elman Rustamov: Devaluation processes in Armenia fasten

15:14 - 9.12.2020

December 9, Fineko/abc.az. The Parliamentary Committee on Economic Policy, Industry & Entrepreneurship of Azerbaijan has conducted a meeting today.

ABC.AZ reports that at the meeting Central Bank’s chairman Elman Rustamov touched upon a range of issues.

He noted that the devaluation processes in Armenia have already accelerated.

"The economic power and potential of Azerbaijan with reserves of $50 billion means that we have strength in the ratio of one to twenty-five. We believe the Azerbaijani economy has become stronger and more stable with this victory," Rustamov said.

By Elmir Murad

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