The reduction in dollar reliance in Azerbaijan’s economy reduces exposure to significant volatility in the foreign exchange market, and in turn, reduces external vulnerability risks to the credit, Moody’s said, Report informs.
Day: July 9, 2024
Institutional development – the opportunity costs are far too high for all political sides. Who benefits from it? And who remains on the sidelines as a spectator…? No one will emerge from it economically stronger! And now, the Russians, the Chinese are probably better invested.
— Notes from Georgia/South Caucasus (Hälbig, Ralph) (@SouthCaucasus) July 9, 2024