The Central Bank of Azerbaijan (CBA) forecasts that the annual inflation in the country will be 4.3% this year, 5.3% next year, and 3.4% in 2025, Report informs referring to the bank.
In January-August 2023, the intervention of the Central Bank of Azerbaijan (CBA) in the foreign exchange market stood at $1.247 billion, Report informs referring to the bank.
As of November 1 of this year, the currency reserves of the Central Bank of Azerbaijan (CBA) amounted to $10.5 billion, up 7.4% from the previous month, Report informs.
If the war in the Middle East does not end soon, an uncontrollable situation will arise, Iranian Foreign Minister Hossein Amir Abdollahian said at a press conference with his Turkish counterpart Hakan Fidan, Report informs.
“We must prevent the Israeli-Palestinian conflict from turning into a regional war,” Turkish Foreign Minister Hakan Fidan told a press conference with his Iranian counterpart Hossein Amir-Abdollahian in Ankara, Report informs.