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Samir Sharifov: "The sharp appreciation of the manat may have negative effects"

News 14:29 11 Nov, 2022
Samir Sharifov: "The sharp appreciation of the manat may have negative effects"

"Against the background of large amount of currency inflows to Azerbaijan, the exchange rate of the manat may strengthen sharply, which may have a number of negative effects."

Qazet.az reports that this was said by Finance Minister Samir Sharifov at a joint meeting of the Milli Majlis's Legal Policy and State Building, Defense, Security and Combating Corruption, Human Rights, International Relations and Interparliamentary Relations Committees.

"The rise in the price of the manat can cause problems, especially for our companies engaged in export," he said.