By Trend The stable situation in the foreign exchange market of Azerbaijan reduces further devaluation expectations, Deputy Head of the Market Research Department at Russian Gazprombank Gulnara Khaidarshina told Trend. According to her, Azerbaijan’s manat is supported by high oil prices, which have been at their highest since September 2014. “Moreover, foreign currency sales increased by 13.9 percent at the auction of Azerbaijan’s Central Bank as of Feb. 15 compared to the auction of the previous week but remained close to a 9-month low. The sale of foreign currency was 7.8 times lower than th…
