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1. CESD Research Brief: Should we expect a change in the rate of Azerbaijani manat in context of high demand for US dollar?

Author:
CESD Research Team
Publication Date:
03-2019
Content Type:
Policy Brief
Institution:
Center for Economic and Social Development (CESD)
Abstract:
In January-February of 2019, activity in foreign exchange markets has further escalated. According to the information provided by the State Oil Fund of Azerbaijan (SOFAZ), during the corresponding period 951 million US dollars were sold, including 634.9 million in January and 316.2 million in February. This is 47.2% higher than the same period of the previous year.
Topic:
International Relations and International Affairs
Political Geography:
Global Focus

2. Azerbaijani National Currency: Is the Current Status Quo Sustainable?

Author:
CESD Research Team
Publication Date:
10-2018
Content Type:
Policy Brief
Institution:
Center for Economic and Social Development (CESD)
Abstract:
Currently, in Azerbaijan and the Caucasus, the situation in the economies of the region is quite variable. On the other side of the ocean, the US Federal Reverse System has been continuously raising the key interest rate. In Russia, the ruble depreciated due to existing and probable sanctions, in Turkey, economic and political circumstances have led to the 40% loss of the lira’s value (and this figure is expected to further increase by the end of the year), and the withdrawal of the US from the Iran Nuclear Deal with replaced sanctions has caused more aggravation to the socio-economic situation and rapid deprecation of the Iranian rial in the southern neighbor of Azerbaijan. The so-called trade wars and new processes led by the current US government form serious risks for globalization and liberal trade.
Topic:
International Affairs
Political Geography:
Global Focus