Central Bank o Azerbaijan

Central Bank o Azerbaijan

File:Central Bank of Azerbaijan.png
Heidquarters	Baku, Azerbaijan
Coordinates	40.378661°N 49.845386°E / 40.378661; 49.845386
Established	11 Februar 1992 (1992-02-11)
Governor	Taleh Kazimov
Central bank of	Azerbaijan
Siller	Azerbaijani manat AZN (ISO 4217)
Reserves	6,566,000,000/$8,566,000,000 (January 1, 2011)
Bank rate	5.25%
Wabsteid	www.cbar.az

The Central Bank o Azerbaijan (Azerbaijani: Azərbaycan Respublikasının Mərkəzi Bankı) is the central bank o Azerbaijan. The heidquarters o the bank is i the caipital ceety Baku. The bank haes regional branch offices i Nakhchivan, Ganja, Yevlakh, Khachmaz, Goychay an Bilasuvar.

Historie

The bank wis first establishit on 16 September, 1919 shortly efter the establishment o the Azerbaijan Democratic Republic on 28 Mey, 1918. It wis closit whan Azerbaijan wis occupiit an annexit bi the Soviet Union, an wis establishit again i 11 Februar, 1992 efter the dissolution o the Soviet Union an the unthirldom o Azerbaijan on 16 October, 1991.

Responsibilities

The main tasks o the Central Bank o Azerbaijan are:

1. tae control the supply o money an its exchynge wi ither dillere
2. tae control banks an mak sure the economie is stable
3. tae regularly determine an annoonce an offeecial exchynge rate o the naitional siller, the Azerbaijani manat
4. tae prent paper notes an cunyies, an tae introduce an withdraw thaim frae circulation
5. tae mak money
6. tae control hou much money goes i an oot o Azerbaijan
7. tae control aw commercial banks

Executive Board

The Executive Buird is made up o the governor, wha is the Chairperson o the Buird o Directors, an 4 members wha are appointit bi the Preses o Azerbaijan an the Naitional Assemmly o Azerbaijan. The current governor is Elman Rustamov.

See an aa

• Economie o Azerbaijan
• Azerbaijani manat
• Baku Stock Exchynge
• Agricultur in Azerbaijan

Fremmit airtins

• Offeecial wabsteid (in Azerbaijani and Inglis)