Main areas of banking system Azerbaijan

In accordance with the main directions of the monetary policy of Azerbaijan in the coming years to ensure monetary stability (price stability) remains the main objective of the Central Bank of Azerbaijan. Tools used in the banking systems of Western countries and the market including: reserve requirements of commercial banks depos- it with the central bank (reserve requirements); central bank operations with government securities, interest rates refinancing of commercial banks, open market operations, foreign exchange regulation, establishing monetary growth targets; direct quantitative restrictions - is the main tool for implementing monetary policy in the country.