Central Bank: There is no pressure on manat course

No pressure on the national currency rate. This at a press conference said Chairman of the Board of the Central Bank of Azerbaijan (CBA) Elman Rustamov.

“There is no pressure on the balance of the foreign exchange market, nor for the manat. The central bank also does not make operations focused on selling and buying currencies from the market,” said the head of the Central Bank.

Along with this, Rustamov stressed that the currency market does not have a deficit, on the contrary, the surplus is noted.

Note that the Board of the Central Bank of Azerbaijan decided to leave the accounting rate at 6.25 percent. At the same time, the upper limit of the corridor of interest rates is left at 6.75 percent, the lower limit is 5.75 percent.