Currency Woes Continue in Azerbaijan

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Negative influence on the financial situation in Azerbaijan continued to impact the market over the long period. However, the Central Bank of Azerbaijan has allowed the currency to float during the March 2017 quarter which is expected to stabilize the currency in the coming period. The growth rates continued to show a negative trend for most of the FSPs in Azerbaijan during March 2017 quarter. Read the full report: March 2017 Quarterly Factsheet for Azerbaijan


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