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A. Magerramov,  (Doctor of economic sciences, professor, Baku State University)

A. Mansurov,  (Graduate student, Baku State University)

Series "Economics and Law" # 01  2018
Банковский сектор
The article is devoted to the dynamics of development and direction of structuring of the banking sector of Azerbaijan. It is noted here that the banking system of Azerbaijan functioned in a very sensitive global economic environment, and within the country there was a high activity in the non-oil sector of the economy. Also, the author notes that the financial stability in Azerbaijan against the backdrop of a sharp drop in oil prices and the continuing decline in the exchange rates of the national currencies of the countries that are the main trading partners of the Republic of Azerbaijan led to a floating exchange rate regime regulated by the Central Bank in December 2015.

Keywords: banking sector, economic activity, economic stability, foreign exchange reserves, non-oil sector.

 

Read the Full Article in Russian …


©  A. Magerramov, A. Mansurov, Journal "Modern science: actual problems of theory and practice".
 

 

 

 
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