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Tuesday March 4 2025

Azerbaijan adapts to global uncertainty with foreign currency surge

4 March 2025 13:44 (UTC+04:00)
Azerbaijan adapts to global uncertainty with foreign currency surge
Qabil Ashirov
Qabil Ashirov
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However, these developments also raise important questions about the underlying factors driving the surge in foreign currency transactions. One possible explanation is the fluctuating global economic environment, which has led to increased uncertainty and volatility in various markets. As a result, Azerbaijani individuals and businesses may be seeking refuge in more stable currencies like the USD and euro to mitigate potential risks.

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