BAKU, Azerbaijan, August 12. Financial Coverage
and Monetary Stability Committee was created by the Central Financial institution
of Azerbaijan (CBA), Pattern studies through CBA.
The committee is a collegial physique that regulates and coordinates
the operational actions of the structural models of the Central
Financial institution within the improvement and implementation of financial and forex
coverage, regulation and management of monetary markets. On the
conferences of the committee, suggestions are made to the
administration board on the operational framework of financial and
alternate fee coverage, parameters of financial coverage devices,
proposals on macro- and micro prudential coverage, selections on the
administration and regulation of possible disaster conditions primarily based on a
deep, complete analysis of monetary stability dangers, and
acceptable selections are made. The Committee is headed by the
Chairman of the CBA. The members of the committee are the heads of
the areas instantly concerned within the improvement and implementation
of financial, alternate fee, and monetary stability coverage,” CBA
informs.
