Azeri cbank sees trade surplus in 2016 if oil prices remain at current levels

09:30 | 06.04.2016
Azeri cbank sees trade surplus in 2016 if oil prices remain at current levels

Azeri cbank sees trade surplus in 2016 if oil prices remain at current levels

Azerbaijan's central bank expects the country's trade balance to be in surplus this year if oil prices remain at their current levels during 2016, the central bank said in a written reply to Reuters questions.

It added that the floating manat regime introduced last year was having a balancing influence on the balance of payments.

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