Azerbaijan is on the verge of Dollar deficiency.
Azerbaijan is on the verge of Dollar deficiency. There is currency chaos in the country, State dollar reserves are insufficient before the oil world price reductions.
The citizens empty the ATMs in panic. Only in two days the Azerbaijan central bank sold 370 million dollars to private banks and then ceased the selling completely.
The experts think that the central bank physically cannot sell dollars at this rate for long. The Baku economists now look for solutions to avoid deep economic crisis.
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