Finance Minister: excessive strengthening of manat creates risks for export

12:16 - 5.12.2018


December 5, Fineko/abc.az. The Azerbaijani government is not interested in excessive strengthening of the national currency.

Finance Minister Samir Sharifov has stated that excessive strengthening of the Azerbaijani manat will have negative impact first of all on domestic producers.

"Strengthening of the exchange rate of the manat will have negative impact on export and lead to increase in import, so the policy pursued in recent years is aimed at maintaining the macroeconomic balance and sustainable economic growth," the minister emphasized.

 

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