Currency reserves have grown slightly this month

16:29 - 29.01.2021

January 29, Fineko/abc.az. The volume of foreign exchange reserves of Azerbaijan for January 2021 has been published.

ABC.AZ reports that Central Bank’s chair Elman Rustamov stated about this when speaking at an online press conference, devoted to the parameters of the interest rate corridor.

According to Rustamov, it is linked with fiscal stimulus and the recovery of consumption. He added that strategic foreign exchange reserves provide the main support for the stable exchange rate of the manat.

 

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