Elman Rustamov`s statement about devaluation


December 23, Fineko/abc.az. "The devaluation of the manat is not expected against the background of the pandemic."

ABC.AZ reports that the above-said statement was made by Central Bank’s chairman Elman Rustamov.

The CBA chairman noted that the crisis period of the pandemic is already over:

"Unlike neighboring trading partner countries, as a result of the impact of the pandemic, no major changes have occurred in Azerbaijan. We don't expect them now, or in 2021. The budget presented today is based on a stable exchange rate, very low inflation," Rustamov stated.