...

Kazakhstan National Bank Interested in Bank Sector and Money Policy in Azerbaijan

Business Materials 14 June 2008 12:11 (UTC +04:00)

Azerbaijan, Baku, 14 June / Trend corr. I.Khalilova / The Kazakh delegation headed by Daniyar Akishev, Deputy Chairman of the National Bank of Kazakhstan, has visited Baku to exchange experience with the National Bank of Azerbaijan (NBA).

NBA reported that the meeting was focused on the strategy and tactics to implement money policy in condition of oil income growth, as well as preventive measures directed to provide financial stability and prospectus of further cooperation between the Central banks of the countries.

The guests expressed great interest in the economic development in Azerbaijan. The Kazakh delegation considers relevant the exchange of experience in the bank sector and money policy, as oil rich post-Soviet countries face tasks in macroeconomics management.

On 13 June, the official currency rate was 0,8189 AZN/USD.

The correspondent can be contacted at: [email protected]

Latest

Latest