Central Bank of the Republic of Azerbaijan

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Coordinates: 40 ° 22 ′ 44 ″  N , 49 ° 50 ′ 42 ″  E

Central Bank of the Republic of Azerbaijan
Azərbaycan Respublikasının Mərkəzi Bankı
Headquarters Baku , Azerbaijan
founding February 11, 1992
president Elman Rustamov
country Azerbaijan
currency

Manat

ISO 4217 AZN
Website

http://www.cbar.az/

predecessor

National Bank of the Azerbaijan SSR

List of central banks

The Central Bank of the Republic of Azerbaijan ( Azerbaijani Azərbaycan Respublikasının Mərkəzi Bankı ) is the central bank of Azerbaijan . The headquarters of the Azerbaijani Central Bank is located in the capital Baku .

After the declaration of independence from the Soviet Union on October 18, 1991, the National Bank of the Azerbaijani SSR still existed , which now performed the new tasks as the National Bank of Azerbaijan. On February 11, 1992, the new Central Bank of the Republic of Azerbaijan was established. In 1992 the manat was also introduced as a new currency . The central bank has a flexible exchange rate policy and focuses on fighting inflation .

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