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Impact of the national currency devaluation on the processing industry of Azerbaijan

Journal: Quarterly Scientific Journal "Economic Herald of the Donbas" (Vol.56, No. 2)

Publication Date:

Authors : ;

Page : 91-97

Keywords : currency risk; exchange rate; dependence on imports; production forces; national currency;

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Abstract

In the article states that after the double sharp devaluation in 2015 of the Azerbaijani manat, signs of the economic crisis appeared in the country, in some segments instead of production and export growth there were decreases. This contributed to the emergence of problems in the field of currency risk management in industrial enterprises of the country. In the article, the reasons for the inadequate response of the processing industry to the devaluation of the national currency are investigated using the dairy industry as an example.

Last modified: 2019-09-27 20:53:10