Azerbaijan: economy to grow in 2018

The Moody’s Investors Service international ratings agency has forecast the Azerbaijani economy to grow by 1.8% in 2018, Petr Paklin, the agency analyst, said at the Moody’s Annual Azerbaijan Summit in Baku on May 25. He noted that Azerbaijan’s GDP growth was highly dependent on the level of oil prices. If the oil prices remain…

Tajikistan: forex market in January-April 2017

A total amount of foreign currencies bought in Tajikistan’s foreign exchange (forex) market since the beginning of this year is equivalent to $2.0151 billion, according to the National Bank of Tajikistan (NBT). Meanwhile, a total amount of foreign currencies sold in Tajikistan’s forex market since the beginning of the year is reportedly equivalent to $2.2586…