Baku: ‘Exchange rate stability will remain the main component of price stability in 2026,’ said the Chairman of the Central Bank of Azerbaijan (CBA), Taleh Kazimov, during the discussion of the draft law ‘2026 State Budget Envelope of the Republic of Azerbaijan’ at the session of the Milli Majlis (Azerbaijani Parliament) Committee on Economic Policy, Industry and Entrepreneurship.
According to Azeri-Press News Agency, Kazimov highlighted the importance of maintaining a consistent and stable exchange rate to ensure economic stability in the coming years. He emphasized that the projected current account surplus in the balance of payments for the next year is expected to amount to 3 billion U.S. dollars.