Russia, Azerbaijan consider de-dollarization of mutual settlements
The RIAC Director General spoke about possibility of complete abandonment of the dollar in bilateral Russian-Azerbaijani trade and replacing it with rubles and manats
The RIAC Director General spoke about possibility of complete abandonment of the dollar in bilateral Russian-Azerbaijani trade and replacing it with rubles and manats
The Central Bank of Azerbaijan (CBA) has all the resources and opportunities to introduce digital manat, the CBA governor Taleh Kazimov said during a press …
New banknotes of one manat will be put into circulation from August or September this year, Governor of the Central Bank of Azerbaijan Taleh Kazimov …
Ashgabat is feeling the pinch from the collapse in demand for its natural gas
The Central Bank of Azerbaijan has cut the discount rate from 9.75% to 9.25%, chairman of the CBA Elman Rustamov said at a press-conference in Baku. According to him, there are no prerequisites in Azerbaijan for the …
The formation of the digital economy in Azerbaijan will affect macroeconomic and monetary stability. CBA’s first deputy chairman of board Alim Guliyev has stated at the 3rd International Banking Forum, that the …
The Azerbaijani authorities don't rule out that depreciation of currencies of the neighboring countries and trade partners of Azerbaijan increases impact on manat rate, Azerbaijani Finance Minister Samir Sharifov …
The country is on the cusp of an era of economic transformation.
Azerbaijan’s Central Bank will hold a deposit auction on August 27 to raise 350 million manat, the banks said in a statement. The auction will be held on the Bloomberg trading platform. The interest rate on …
Gurbanguly Berdimuhamedow makes second visit to Bocharov Ruchey for support
The World Bank has published conditions for determining the actual value of the Azerbaijani currency. WB chief economist for Europe and Central Asia, Hans Timmer, said that if necessary conditions are created, the …
The official exchange rate of Azerbaijan’s national currency, the manat, against the US dollar was set at 1.637 for September 20, Azerbaijan’s Central Bank (CBA) said, adding that the manat exchange rate was stabilized. …
Official exchange rate of the US dollar and euro to Azerbaijani manat was set at 1.6362 manats and 1.8239 manats, respectively, on September 6, Trend reports. According to the currency exchange rate corridor set by the Central Bank …
The Telegraph tells about some features of the Azerbaijani culture and way of thinking
Azerbaijan changes rules of the tuition fees in foreign universities in the framework of the State program of education of Azerbaijani youth abroad in 2007-2015. According to the decision №235 of the …
The Central Bank of Azerbaijan (CBA) has granted about 1 billion manats to the banking sector, without taking into consideration the swap operations, the head of the Central Bank of Azerbaijan, Elman Rustamov, said. A …
The Financial Markets Supervision Chamber of Azerbaijan has extended the previous and introduced the new restrictions on consumer lending, Abc.az reports. According …
The head of the Central Bank of Azerbaijan, Elman Rustamov, has dispelled rumors about the manat's further devaluation on the eve of Novruz. Rustamov noted that the Azerbaijani manat is strengthening. In addition, the state …
The Central Bank of Azerbaijan has increased the discount rate from 3 to 5%. The lower limit of the interest rate corridor for liquidity operations has been set at 2% and the upper limit - at 10%. This decision was made …
Economic projects of Moscow and Baku will get political support, the expert says