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Azerbaijan Raids Wealth Fund as Central Bank Gets $4 Billion
Azerbaijan will transfer as much as 7.5 billion manat ($4 billion) of assets from its sovereign wealth fund to the central bank this year, giving it ammunition to defend the manat in the latest effort to break the grip of a currency crisis.

Source: Bloomberg

https://www.bloomberg.com/news/articles/2017-01-10/azerbaijan-raids-wealth-fund-in-4-billion-boost-to-central-bank

12 2017 | View: 231 | Foreign experience | Printint version
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