Azerbaijan and ADB discuss cooperation

Azerbaijan discussed attracting foreign investments to the country's green energy sector with the Asian Development Bank (ADB)

Central Bank currency rates for 30 August

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

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Demand for US dollars rises at Azerbaijan's currency auction

As a result of the currency auction, the weighted average exchange rate of the manat was formed at the level of 1.7000 AZN/USD.

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Kazakhstan's Freedom Bank suspends transfers through Golden Crown

Kazakhstan's Freedom Bank has halted transfers through the Golden Crown system.

Gold and silver prices surge

Central Bank currency rates for 29 August

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

Central Bank to sell foreign currency from reserves

The Central Bank of Azerbaijan is considering the possibility of selling foreign currency from its reserves

UAE banks block payments from Russian companies

Since the beginning of August, banks in the United Arab Emirates have been rejecting payments from Russian companies for electronic components and consumer electronics from China.

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Central Bank currency rates for 28 August

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

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Central Bank fines officials from five non-bank credit organizations

The Central Bank of Azerbaijan imposed fines on officials from five non-bank credit organizations (NBCOs) for violating regulations.

Karabakh sees 13% increase in lending volume over 6 months

Azerbaijan's Karabakh economic region has demonstrated the most impressive lending dynamics in the country in 2024, according to the latest data from the Central Bank.

Banks' demand slightly lower at latest currency auction

Following the auction, the weighted average exchange rate of the Azerbaijani manat settled at 1.7000 AZN/USD.

Central Bank currency rates for 27 August

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

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Karabakh economic region leads in loan growth across Azerbaijan

As of August 1, 2024, the loan portfolio of banks and non-bank credit organizations in Azerbaijan's regions (excluding the Baku Economic Region) stood at 5.82 billion manats, marking a 15.65% increase compared to the previous year.

Central Bank currency rates for 26 August

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

More than 800 million manats withdrawn from banks last month