Central Bank to encourage currency market transparency – CBA`s statement

15:07 - 30.12.2019


December 30, Fineko/abc.az. Next year the Central Bank will also take into account the trends that are formed on the basis of fundamental and market factors with limited volume and number of interventions in the foreign exchange market, says the CBA’s statement on the main directions of monetary and financial stability policy for 2020 in the medium-term period.

Thus, the Central Bank will encourage liquidity and transparency of the currency market, its functioning in the self-regulation mode. Next year, data on the volume of intervention transactions and foreign exchange reserves will also be published regularly.