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The Currency Market in Azerbaijan: Realities, Volatility and Perspectives
(Center for Economic and Social Development, 2017-05-08)
The dollar /manat (AZN) spot exchange rate specifies how much one currency, the US dollar (USD), is currently worth in terms of the other, the manat . On the first of February 2017, the exchange rate of the national currency of Azerbaijan, the manat, ...
Why Azerbaijan needs a Strategic Reform of its foreign policy towards the European Union?
(Center for Economic and Social Development, 2016-04-30)
During the course of 2015 Azerbaijan suffered the impact of two devaluations of the national currency, Azerbaijani Manat (AZN), due to the decrease of the world oil prices. Given that oil and natural gas accounts for more than 90% of Azerbaijani exports, ...