BAKU, Azerbaijan, April 15. The Central Bank of Azerbaijan (CBA) will begin implementing the liquidity transmission ratio in manat starting this year, said Shahin Mahmudzade, Director General of the Central Bank of Azerbaijan (CBA), Trend reports.
In his address at a press conference on financial stability held today, Mahmudzade noted that this move aims to shift demand from foreign currency to the manat.
"The main goal here is to monetize dollarization. We plan to apply this ratio to increase trends of manatization," he emphasized.
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