manat

Azerbaijan may introduce digital manat

Azerbaijan may introduce digital manat

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 …

"Macroeconomic situation stable in Azerbaijan"

"Macroeconomic situation stable in Azerbaijan"

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 …

Azerbaijan's Finance Ministry to protect manat rate

Azerbaijan's Finance Ministry to protect manat rate

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 …

Azerbaijan’s Central Bank to hold deposit auction

Azerbaijan’s Central Bank to hold deposit auction

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 …

 WB ready to determine actual value of manat

WB ready to determine actual value of manat

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 …

Azerbaijani Central Bank stabilizes manat rate

Azerbaijani Central Bank stabilizes manat rate

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. …

Manat strengthened against euro

Manat strengthened against euro

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 …

 Central Bank of Azerbaijan increases discount rate to 5%

Central Bank of Azerbaijan increases discount rate to 5%

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 …