Baku: Azerbaijan's financial and economic situation is stable, declared President Ilham Aliyev during his speech at the Azerbaijan-Czechia business forum. He highlighted the stability of the national currency as a significant factor in maintaining economic stability.
According to Azerbaijan State News Agency, President Aliyev noted that the Azerbaijani manat has remained stable for many years, specifically for the past nine years. He pointed out that the exchange rate has been fixed at 1.7 manat to one dollar since 2017, which he considers an important indicator for potential investors, both local and foreign.