Azeri Central Bank Considers Dollar Sales as COP29 Drives Demand
Posted on AllSides September 18th, 2024
From The Left
Azerbaijan’s central bank said it’s considering the resumption of dollar sales as preparations for UN climate talks in the Caspian Sea nation’s capital city help drive foreign-exchange demand.
President Ilham Aliyev said late last year that he expected as many as 80,000 foreigners to attend the 29th United Nations Conference of the Parties, or COP, in Baku on Nov. 12-22. It will be the largest international event the oil and natural gas-exporting country has hosted.
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