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Wednesday December 18 2024

Central Bank of Azerbaijan expects stability in foreign exchange market in 2025

18 December 2024 19:46 (UTC+04:00)
Central Bank of Azerbaijan expects stability in foreign exchange market in 2025
Qabil Ashirov
Qabil Ashirov
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“The current account surplus (CAS) of Azerbaijan's balance of payments amounted to $4 bln, or 7.2% of the Gross Domestic Product (GDP), over the past nine months. According to the State Customs Committee, a positive trade balance of 5.6 billion USD was recorded in the foreign trade balance, which is the main component of the current account balance, in the first eleven months of 2024,” Azernews reports, citing the Central Bank.

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