“The exchange rate of the Azerbaijani manat will remain stable at the level of 1.7 AZN/1 USD until 2029.”
Oku.Az This report is based on forecasts from the Economist Intelligence Unit, a research and analysis unit of The Economist Group.
“The Central Bank of Azerbaijan maintains a stable exchange rate against the US dollar. The outlook for the manat is stable, as confirmed by the large positive balance of the current account. The main priority of the regulator’s policy in 2024-2028 is to maintain a stable exchange rate of the manat, taking into account large foreign exchange reserves,” the forecast states.