PASHA Bank`s chair spoke about devaluation - We don`t believe it will occur


May 5, Fineko/abc.az. We don’t believe that another devaluation will occur in Azerbaijan under the current conditions.

ABC.AZ reports that the statement was made by PASHA Bank’s chairman of board Taleh Kazimov at today’s web conference.

He noted that Azerbaijan has large foreign exchange reserves.

“At the same time, we believe that economic stability will be preserved as a result of measures taken by governmental bodies," Kazimov emphasized.

By Elmir Murad