Central Bank of Azerbaijan - Simple English Wikipedia, the free encyclopedia WikiZero

Central Bank of Azerbaijan
Headquarters	Baku, Azerbaijan
Coordinates	40°22′43″N 49°50′43″E / 40.378661°N 49.845386°E / 40.378661; 49.845386
Established	11 February 1992; 32 years ago (1992-02-11)
Governor	Elman Rustamov
Central bank of	Azerbaijan
Currency	Azerbaijani manat
ISO 4217 Code	AZN
Reserves	6,566,000,000/$8,566,000,000 (January 1, 2011)
Base borrowing rate	5.25%
Website	cbar.az

The Central Bank of Azerbaijan (Azerbaijani: Azərbaycan Respublikasının Mərkəzi Bankı) is the central bank of Azerbaijan. The headquarters of the bank is in the capital city Baku. The bank has regional branch offices in Nakhchivan, Ganja, Yevlakh, Khachmaz, Goychay and Bilasuvar.

History

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The bank was first established on September 16, 1919 shortly after the establishment of the Azerbaijan Democratic Republic on May 28, 1918. It was closed when Azerbaijan was occupied and annexed by the Soviet Union, and was established again in February 11, 1992 after the Soviet Union ended and Azerbaijan became independent again on October 18, 1991.

Responsibilities

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The main tasks of the Central Bank of Azerbaijan are:

to control the supply of money and its exchange with other currencies
to control banks and make sure the economy is stable
to regularly determine and announce an official exchange rate of the national currency, the Azerbaijani manat
to print banknotes and coins, and to introduce and withdraw them from circulation
to make money
to control how much money goes in and out of Azerbaijan
to control all commercial banks

Executive Board

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The Executive Board is made up of the Governor, who is the Chairperson of the Board of directors, and 4 members who are appointed by the President of Azerbaijan and the National Assembly of Azerbaijan. The current governor is Elman Rustamov.

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Other websites

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Official website (in Azerbaijani and English)

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v t e Baku landmarks
Famous and historic structures	Ichari Shahar Palace of the Shirvanshahs Bath Houses of the Shirvanshahs Bath Houses of Haji Gayib Maiden Tower Baku Khans' Palace Alley of Honor Martyrs' Lane Heydar Aliyev Cultural Center International Mugam Center of Azerbaijan Palace of Happiness Gulustan Palace Ismailiyya Palace Baku TV Tower Flame Towers
Places of worship	Bibi-Heybat Mosque Binagady Mosque Gardashlyg Mosque Juma Mosque Lezgi Mosque Muhammad Mosque Palace Mosque Saray Mosque Shahids’ Mosque Sheikh İbrahim Mosque Taza Pir Mosque Tuba Shahi Mosque Ateshgah Holy Myrrhbearers Cathedral Church of the Saviour Church of Michael Archangel Church of the Immaculate Conception
Nature and parks	Baku Bay Baku Archipelago Lake Boyukshor Baku Botanical Gardens National Park Mirza Alakbar Sabir Garden Philharmonic Garden Molokan Garden Baku Boulevard Samad Vurgun Park
Entertainment and recreation	Baku Crystal Hall Baku Ferris Wheel Buta Palace Heydar Aliyev Palace Baku Zoo Park Bulvar Children's World Baku State Circus Baku Water Park Baku Aqua Park
Cultural and art	National Library of Azerbaijan Azerbaijan State Academic Opera and Ballet Theater Azerbaijan State Philharmonic Hall National Art Museum of Azerbaijan National Museum of History of Azerbaijan Independence Museum of Azerbaijan Azerbaijan State Museum of Musical Culture Nizami Museum of Azerbaijani Literature Baku Museum of Modern Art Baku Museum of Miniature Books Rinay Azerbaijan Carpet Museum Azerbaijan Railway Museum House-Museum of Vagif Mustafazadeh Villa Petrolea Azerbaijan State Academic National Drama Theatre Azerbaijan State Pantomime Theatre Azerbaijan State Russian Drama Theatre Azerbaijan State Theatre of Musical Comedy Azerbaijan State Theatre of Young Spectators Baku Puppet Theatre Green Theatre Rashid Behbudov State Song Theatre
Science and education	Baku State University Azerbaijan Technical University Azerbaijan Medical University Azerbaijan State Economic University Azerbaijan State University of Culture and Arts Azerbaijan University of Languages Azerbaijan Architecture and Construction University Khazar University Qafqaz University Baku Slavic University Odlar Yurdu University Western University Azerbaijan National Academy of Sciences Azerbaijan State Marine Academy Azerbaijan State Oil Academy Baku Academy of Music Asaf Zeynally Music College Baku Polytechnicum Jamshid Nakhchivanski Military Lyceum
Sport venues	AZAL Stadium Baku Aquatics Center Baku National Stadium Baku Shooting Center Baku Sports Hall Baku Tennis Academy Bayil Stadium Dalga Arena Bakcell Arena Heydar Aliyev Sports and Exhibition Complex Ismat Gayibov Stadium Karabakh Stadium National Gymnastics Arena Inter Arena Shagan Olympic Sport Complex Stadium Tofiq Bahramov Stadium Tofiq Ismayilov Stadium
Transportation	Heydar Aliyev International Airport Baku Railway Station Baku International Sea Trade Port Baku Metro Baku Funicular
Squares and streets	Azadliq Square Fountains Square National Flag Square 28 May Street Boyuk Shor Highway Istiglaliyyat Street Neftchilar Avenue Nizami Street Rashid Behbudov Street Tbilisi Avenue
Government and financial institutions	National Assembly Government House Presidential Apparatus Baku City Hall Central Bank of Azerbaijan Baku Stock Exchange Baku Expo Center
Category:Baku

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Central Bank of Azerbaijan - Simple English Wikipedia, the free encyclopedia

History

Responsibilities

Executive Board

Related pages

Other websites