Big Mac Index highlights undervaluation of manat amid strong economic indicators

Azernews.Az

3 March 2025 13:43 (UTC+04:00)

Akbar Novruz

Despite The Economist’s assessment that the manat is undervalued based on the Big Mac Index, multiple economic indicators suggest its continued stability. Azerbaijan’s strong trade surplus, FDI inflows, remittances, tourism revenues, and current account surplus all contribute to supporting the manat. The Central Bank’s monetary policy remains a key factor in maintaining exchange rate stability, preventing both sharp appreciation and depreciation.

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