What is Central Bank of Azerbaijan?
{{Infobox Central bank |image_1 = |image_title_1 = |headquarters = [[Baku]], [[Azerbaijan]] |coordinates = {{Coord|40.378661|N|49.845386|E|region:AZ_type:landmark|display=inline,title}} |established = {{Start date and age|1992|02|11|df=yes}} |president = Elman Rustamov |leader_title = [[Governor]] |bank_of = {{AZE}} |currency = [[Azerbaijani manat]] |currency_iso = AZN |reserves = [[File:Azeri manat symbol.svg|11px]]6,566,000,000/[[United States dollar|$]]8,566,000,000 (January 1, 2011) |borrowing_rate = 5.25% |deposit_rate = |website = {{URL|http://cbar.az/}} |footnotes = }} The '''Central Bank of Azerbaijan''' ({{lang-az|Azərbaycan Respublikasının Mərkəzi Bankı}}) is the [[central bank]] of [[Azerbaijan]]. The [[headquarters]] of the bank is in the capital city [[Baku]]. The bank has regional branch offices in [[Nakhchivan (city)|Nakhchivan]], [[Ganja, Azerbaijan|Ganja]], [[Yevlakh Rayon|Yevlakh]], [[Khachmaz Rayon|Khachmaz]], [[Goychay Rayon|Goychay]] and [[Bilasuvar Rayon|Bilasuvar]]. == History == The bank was first established on September 16, 1919 shortly after the establishment of the [[Azerbaijan Democratic Republic]] on May 28, 1918. It was closed when Azerbaijan was occupied and annexed by the [[Soviet Union]], and was established again in February 11, 1992 after the [[dissolution of the Soviet Union|Soviet Union ended]] and Azerbaijan became independent again on October 18, 1991. == Responsibilities == The main tasks of the Central Bank of Azerbaijan are: # to control the supply of money and its exchange with other currencies # to control banks and make sure the [[economy]] is stable # to regularly determine and announce an official [[exchange rate]] of the national [[currency]], the [[Azerbaijani manat]] # to [[printing|print]] [[banknote]]s and [[coins]], and to introduce and withdraw them from [[circulation (currency)|circulation]] # to make money # to control how much money goes in and out of Azerbaijan # to control all [[commerce|comme