Date :Saturday, February 21st, 2015 | Time : 13:16 |ID: 9181 | Print

Sudden drop in value of Azerbaijan’s national currency

Shafaqna (International Shia News Agency) – Hurriyet reported that the Azeri central bank devalued the country’s currency by 33.5%. This action follows the significant drop in oil prices in international market. Azeri central bank said the decision is to increase the power of competition in international export market.

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