Taleh Kazimov: If there are no risks, monetary policy tightening is not envisaged

If our forecasts do not seriously change and do not differ from the facts, new macroeconomic challenges do not arise and uncertainty does not increase, the Central Bank of Azerbaijan will keep its interest rates stable in the coming months

Azerbaijan's strategic foreign exchange reserves amount to about $70 billion

Russia may switch to mass introduction of digital ruble by July 2025

Central Bank of Azerbaijan has kept discount rate stable

The Board of the Central Bank of Azerbaijan (CBA) has decided to maintain the discount rate at 7.25%.

Central Bank currency rates for 31 July

Azerbaijani manat rate has fallen to the euro and to the Russian ruble, risen to the Turkish lira, while is stable to the US dollar.

Bitcoin exchange rate drops more than by $3,000 in one day

The exchange rate of bitcoin (BTC) on the Binance cryptocurrency exchange reached $66,600. Over the past 24 hours, the first cryptocurrency has lost about 4%, or more than $3,000.

Great news for Birbank installment cardholders: The installment option for Trendyol payments has been extended.

Banks increase demand by 42.4% at currency auction

According to the results of the currency auction, the weighted average exchange rate of the manat was formed at the level of 1.7000 AZN/USD.

Central Bank currency rates for 30 July

Azerbaijani manat rate has risen to the euro, to the Turkish lira, and to the Russian ruble, while is stable to the US dollar.

Portfolio of banks’ business loans in Azerbaijan increased by 19%

As of July 1, 2024, the portfolio of business loans of Azerbaijani banks amounted to 13.87 billion manats.

Environmental protection initiative: “Zero Waste” solidarity marathon started

Nominal effective exchange rate of manat strengthens by 6%

The total nominal effective exchange rate of the Azerbaijani manat as of July 1, 2024 was 104.4 points.

With the main sponsorship of Kapital Bank, the First “iFest-Innovation and Technology” festival successfully held

Bank Avrasiya's investments in securities reduced

Central Bank currency rates for 29 July

Loan portfolio of this bank decreased by 343,000 manats – Report

AFB Bank's loan portfolio for the 2nd quarter of 2024 has been announced.

A ‘cash office’ organized in Naxçıvanbank to withdraw money from accounts

Central Bank of Russia raised the key rate to 18%

The Central Bank of Russia has raised the key rate for the first time since December 2023 - from 16% to 18% per annum.

NBU reports on growth of counterfeit money in Ukraine

The National Bank of Ukraine (NBU) has recorded a significant increase in the number of counterfeit hryvnia and foreign currency.

African countries actively buy gold

More and more African countries are buying gold into their government reserves in order to protect themselves from currency losses, fearing that the United States will use its currency as a pressure tool.

Central Bank currency rates for 26 July

Azerbaijani manat rate has fallen to the euro and to the Russian ruble, grown to the Turkish lira, while is stable to the US dollar.