CBA, New York Fed discuss prospects for deeper cooperation

The Central Bank of Azerbaijan (CBA) and the Federal Reserve Bank of New York have discussed foreign exchange reserve management and prospects for expanding long-term cooperation.

According to Report, citing the CBA, the discussions took place during a meeting between CBA Deputy Governor Ali Ahmadov and a delegation from the Federal Reserve Bank of New York.

The sides exchanged views on trends in the global economy and financial markets, current challenges facing central banks, and issues related to the management of foreign exchange reserves.

They also discussed prospects for deepening long-term cooperation between the two institutions.