Devaluation of Azerbaijani manat is inevitable and the national currency is expected to drop is price against the dollar by 20% by the summer of this year, said co-chair of the public association of assistance to economic initiatives Rovshan Aghayev, commenting on the devaluation of Kazakh tenge as compared to dollar.
Kazakhstan also followed this way, reducing the national currency by 25% following the devaluation wave in the CIS (Russia in particular).
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