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Azerbaijani Currency Collapses


Azerbaijani Currency Collapses
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The Azerbaijani manat plummeted after the central bank in Baku decided to float the currency freely. Residents, many of whom have their mortgages in dollars, voiced shock and frustration. Oil-rich Azerbaijan has been hit hard by the sharp fall in the price of oil. (RFE/RL's Azerbaijani Service)

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