Baku, Azerbaijan, April 10. The Central Bank of
Azerbaijan (CBA) and the Swiss National Bank (SNB) discussed
various monetary policy strategies, monetary policy analysis and
forecasting practices, and exchanged views on monetary operations,
Trend reports via
the CBA.
Thus, an experience exchange visit of the Central Bank employees
to the Swiss National Bank (SNB) took place.
The meetings held between the SNB and the Central Bank
representatives also discussed the importance of a balanced real
interest rate in the effective implementation of monetary policy in
the face of changes in the global and domestic economic environment
and its impact on financial stability.
In addition, the SNB’s analysis and forecasting system, model
portfolio, use of the statistical base, as well as the
implementation of the SNB’s monetary policy decisions, interest
rate regulation, standing facilities, and open market operations
were also exchanged.
Moreover, it’s planned to continue discussions between the
parties on the above-mentioned areas in the coming periods.
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