19.01.2016 - Azerbaijan considers tighter currency controls to staunch losses
Azerbaijan's President Ilham Aliyev has ordered measures to support the economy and ailing manat currency, including a possible tightening of currency controls, help for banks, and a sell-off of state assets, state television reported on Monday. The manat has lost 33 percent of its value against the dollar in the past month and the country has burned through more than half its foreign currency reserves trying to defend it against the effect of falling oil prices...............................................Full Article: Source
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