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Azerbaijan weathered oil shock with minimal losses - president

Azerbaijan weathered oil shock with minimal losses - president
15.02.2016 14:00
Ilham Aliyev, the president of Azerbaijan, said in Munich on Friday his country had emerged from the collapse in global oil prices with "minimal losses", Russia's RIA Novosti news agency reported.

Azerbaijan's economy and currency, the manat, have come under intense pressure from sliding oil prices. Ratings agency S&P cut the country's credit rating to "junk" status earlier this year. 

www.ann.az
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