The Central Bank of Azerbaijan is the primary financial institution responsible for regulating the monetary policy of Azerbaijan. Established in 1992, it aims to ensure price stability, manage the national currency, and oversee the banking system. The bank also plays a crucial role in maintaining financial stability and fostering economic growth. In addition to its monetary policy functions, the Central Bank of Azerbaijan supervises commercial banks and financial institutions. It also manages the country's foreign exchange reserves and implements measures to promote a stable financial environment, contributing to the overall economic development of Azerbaijan.