CBA: Financial flow grew by 9.5% last year

In 2022, the financial flow in Azerbaijan amounted to AZN 26.4 bn (9.5% more than in 2021).

Accounts Chamber to conduct an audit in AzTV

Central Bank currency rates for 11 January

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

Nakhchivan state budget expenditures for 2023 to exceed AZN 614 million

The expenditures of the State Budget of the Nakhchivan Autonomous Republic for 2023 are determined in the amount of AZN 614.65 million.

Banks reduce 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.

Central Bank makes changes to norms of mandatory reserves

Central Bank currency rates for 10 January

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

People's Bank of China buys gold for 2 months in a row

The People's Bank of China, which has not bought gold for more than three years, began buying it for two months in a row.

Russian ruble to fall even more in 2023

Throughout 2023, the Russian currency will strive for balance rate of 75 rubles per dollar for the Russian economy.

Central Bank currency rates for 9 January

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

State Budget 2023 expenditures on economic activity

Azerbaijan’s State Budget 2023 envisages AZN 1.24 bn ($729.8 million) for financing within article "economic activity" (3.7% of all budget expenditures).

Central Bank currency rates for 6 January

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

$52.7 million sold at a 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.

Is manat devaluation expected this year?

Kazakhstan allows one-time export of cash rubles by banks

Birbank cardholders earned over AZN 19 million cashback in 2022

Central Bank currency rates for 5 January

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.

Foreigners’ card transactions in Azerbaijan exceed AZN 158 million in November

Milli Majlis approves auditor of Azerbaijan Chamber of Accounts

At today's Milli Majlis plenary session the parliamentarians approved the candidacy of Vugar Ibragimov for the position of auditor of the Accounts Chamber.

CBA: In 2023, ratio of budget expenditures to GDP to exceed 30%

The Central Bank of Azerbaijan (CBA) expects that next year the ratio of State Budget expenditures to GDP will exceed 30%

CBA: Increase of nominal exchange rate reduces inflation by about 3%