Childrens football tournament "VTB (Azerbaijan) Cup" finished in Baku - Photo

Ruble falls more than by 10% against US dollar

The ruble exchange rate, which has been rapidly strengthening in recent days, has weakened again.

Gold falls in price more than by 2%

Exchange rate of Azerbaijani manat for 6 July

On 6 July, the manat-dollar rate is AZN 1.70, the manat-euro rate - AZN 1.7419, the manat-lira rate AZN 1.0998 and the manat-ruble rate - AZN 0.0266.

Euro drops to US dollar

In connection with the slowdown in economic growth and the weakening of forecasts that the crisis will weaken European Central Bank’s expectations on raising interest rates, the euro fell to the level of 20 years ago.

Tax Service paid over AZN 6 bn to State Budget for past 6 months

In the 1st half of 2022, the State Tax Service under the Ministry of Economy transferred AZN 6.48 bn to the State Budget.

Azerbaijan repaid a debt of AZN 788 million in 1st half of 2022

Oil Fund’s transfers to State Budget reduced

The State Budget received AZN 4.648 bn from the State Oil Fund against projected AZN 6.36 bn.

Azerbaijan's consolidated budget for 2022 has surplus

In the 1st half of 2022, the revenues of the consolidated budget of Azerbaijan amounted to AZN 18.149 bn and expenditures – AZN 14.3 bn.

Banks doubled demand at currency auction

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

Exchange rate of Azerbaijani manat for 5 July

On 5 July, the manat-dollar rate is AZN 1.70, the manat-euro rate - AZN 1.7744, the manat-lira rate AZN 1.1010 and the manat-ruble rate - AZN 0.0302.

Banks in process of liquidation

Azerbaijan Deposit Insurance Fund’s executive director Tural Piraliev named the closed banks, the liquidation process of which will be completed this year.

Meta closes pilot crypto project Novi

American corporation Meta has decided to close the Novi crypto project.

Exchange rate of Azerbaijani manat for 4 July

The manat-dollar rate is AZN 1.70 , the manat-euro rate - AZN 1.7727, the manat-lira rate AZN 1.1015 and the manat-ruble rate - AZN 0.0305

CBA reports growth on exchange reserves for past half of 2022

Monetary base in Azerbaijan has shrunk for 6 months

As of 30 June 2022, the monetary base in Azerbaijan amounted to AZN 15.65 bn.

SOFAZ lowers sale of currency

The State Oil Fund (SOFAZ) sold foreign currency for $278.1 million at currency auctions for June 2022 (against $288 million in May)

Exchange rate of Azerbaijani manat for 1 July

The manat-dollar rate is AZN 1.70, the manat-euro rate - AZN 1.7773, the manat-lira rate AZN 1.1018 and the manat-ruble rate - AZN 0.0312.

Central Bank of Sweden has raised discount rate

The State Bank of Sweden raised on Thursday the refinancing rate from 0.25% to 0.75%.

Banks increased demand at currency auction

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

Exchange rate of Azerbaijani manat for 30 June

On 30 June, the manat-dollar rate is AZN 1.70, the manat-euro rate - AZN 1.7771, the manat-lira rate AZN 1.1023 and the manat-ruble rate - AZN 0.0321.