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Azerbaijani manat’s rate not affected by decision of Federal Reserve

Azerbaijani manat’s rate not affected by decision of Federal Reserve

Non-oil sector budget revenues forecast to be AZN 8.3bn in Azerbaijan`s 2017 state budget (06 December 2016 18:46)

Date: 17 December 2015 15:27

Baku, Azerbaijan, Dec.17
Trend:

The exchange rate of Azerbaijani manat remains stable against the US dollar, said the message from the Central Bank of Azerbaijan.

“Despite the decision of the US Federal Reserve to increase the base rate to 0.25-0.5 per annum from Dec.17, the Azerbaijani manat preserves the stable dynamics,” said the message.

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