Banks’ demand at currency auction increased by 22%

As a result of the auction, the weighted average exchange rate of the manat was formed at the level of 1,7000 AZN/USD.

This US bank closes - Reasons

First Republic Bank, located in San Francisco, faced the problem of closure.

To attention of dollar-holder persons

The U.S. Federal Reserve System (FRS) has already begun to optimize interest rates after their sharp increase.

Central Bank currency rates for 9 April

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

Inefficient expenditures for nearly 157 million manats revealed in 2023

Shortcomings in two ministries identified in Nakhchivan - inspections go on

ACA chair: Coordination between some structures is weak in Azerbaijan

Coordination work between some structures in Azerbaijan is poorly organized, and integration between databases is not perfect.

Operations in NDC for Q1 announced — Table

Double counting for 500 million manats revealed in budget revenues

Central Bank currency rates for 8 April

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

Central Bank currency rates for 6 April

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

India's gold and foreign exchange reserves reach $645 bn

India's gold and foreign exchange reserves have reached $645.6 bn, which is a historical record for the country.

Loan portfolio of Baku branch of Bank Melli Iran drops by 22%

The Baku branch of Bank Melli Iran completed the 1st quarter of 2024 (Jan-Mar) with net profit of 2.49 million manats. The branch closed the relevant months of 2023 with net profit of 621,000 manats

Share of dollar in payments via SWIFT drops

The share of the US dollar in payments via SWIFT fell in February to the lowest level since July 2023, making up 46.56%.

Azerbaijan establishes criteria for payment instruments for small amounts

In Azerbaijan, payment instruments that meet two criteria will be considered small-amount payment instruments.

Central Bank currency rates for 5 April

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

Global central banks bought 19 tons of gold in February

Kapital Bank Extends High-Interest Deposit Campaign

Banks’ demand of banks at currency auction fell by 34%

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

Gold price keep on growing for this reason

The price of gold continues to increase.

Central Bank currency rates for 4 April

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