Gold has grown by $17.5

Prices for gold and silver at world exchanges have been declared

Central Bank announced exchange rate for 17 March

The Central Bank of Azerbaijan announced the exchnage rate of the manat to foreign currencies for 17 March

Вюсал Гасымлы: В США продукт стоимостью $1 можно купить у нас за $0,25

Исполнительный директор Центра анализа экономических реформ и коммуникаций Вюсал Гасымлы прокомментировал стабильность курса маната, несмотря на глобальные шоки

Tax Ministry investigates a case on persons who buy dollars for over AZN 20,000 - Statement

Expert forecast: Part of deposits to be withdrawn from banks by end of 2020

Last week the parliamentarians discussed the amendments to the Law on Full Deposit Insurance and made a decision to extend the term of full deposit insurance until 9 December

Vusal Gasimli: Real effective exchange rate of manat grows

Executive Director of the Center for Analysis of Economic Reforms & Communications Vusal Gasimli commented on the stability of the manat exchange rate, despite global shocks

Azerbaijan`s Central Bank raised AZN 100 million in a deposit auction

The Central Bank of Azerbaijan raised AZN 100 million in a deposit auction

One more statement about deposit insurance - confidence to banking sector to increase

Gold price has soared - by $24

Prices for gold and silver at world exchanges have been declared

MP: Benefits are possible on loan repayment terms

Certain benefits related to the term of credit agreements, as well as their repayment periods, are possible during the period of coronovirus

Central Bank announced exchange rate for 16 March

The Central Bank of Azerbaijan announced the exchnage rate of the manat to foreign currencies for 16 March

Four currencies occupy main place in SOFAZ currency basket

The gold asset in SOFAZ funds is known to play the role of insurance in case of uncertainty

Term of full deposit insurance extended by another 9 months

A draft law on the amendments to the Law on Full Deposit Insurance has been submitted for discussion in the 1st reading at today’s plenary session of Milli Majlis

SOFAZ to put up another $5 bn for sale

Expenditures relating to the transfer to the State Budget are an obligation of the State Oil Fund of Azerbaijan and should be met regardless of crude oil prices

Amount of funds collected in SOFAZ unveiled

The main goals of the State Oil Fund of Azerbaijan, along with the accumulation of reserves for future generations, are macroeconomic stabilization, including the protection of the country`s economy from foreign economic influence

State Oil Fund regularly brings dollars to foreign exchange market

March 13, Fineko/abc.az. The State Oil Fund (SOFAZ) has clarified a range of important questions.

Vusal Gasimli: Pressure of dollarization declines much versus 6 years ago

Comparing the current ratio of cash outside banks to the broader money supply with the same indicator for 2014, we now see a greater decrease - by 45%

Vusal Gasimli: There is less need to convert manats into dollars than in 2014

Conversion of manat deposits into dollars on the one hand means the difference between the interests of deposits, and on the other hand, the loss of funds on average up to 10% due to transaction costs

Vusal Gasimli: Intensity of currency exchange in banks to decrease in coming days

Currently, cash money outside of banks are amounting to AZN 9.3 bn

CBA chair Elman Rustamov: If oil price returns to its normal level in a week, our losses to be negligible

There is a lot of talk about the economy of Azerbaijan these days

Central Bank`s chair puts end to population’s concern - manat rate balanced

The Azerbaijani economy is quite stable to the decline in oil prices