Activity in the interbank money market grows

Azerbaijan's activity in the interbank money market continues to grow

CBA: Value of circulating notes increased by AZN 660 million

Monetary conditions continue to have restraining effect on inflation.

New info on balance of payments from Central Bank

The surplus balance of payments continues to support supply channels in the foreign exchange market

Putin: Russian ruble becomes one of world’s strongest currencies

The ruble became one of the strongest currencies in the world in 2022. It is linked, among other things, with transfer of payment for gas to rubles.

Central Bank raised discount rate up to 8.25%

The discount rate has been increased by the decision of the Board of the Central Bank of Azerbaijan.

Central Bank currency rates for 16 December

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

State Oil Fund buys equipment for AZN 2.9 million

The State Oil Fund has completed a tender procedure for purchase of equipment related to Bloomberg Trader data processing infrastructure & existing systems.

Azerbaijan’s money transfers more than tripled for Jan-Sept

Central Bank's balance of payments for Jan-Sept 2022 has been published.

Total volume of transactions with foreign countries for Jan-Sept unveiled

According to the main indicators of Azerbaijan's balance of payments for the first 9 months of 2022, the total volume of transactions with foreign countries on returnable income is estimated at $3.5 billion

Pakistan wants to open a non-profit organization in Azerbaijan

Pakistan’s MCB Bank is interested in obtaining a banking license in Azerbaijan

VTB Azerbaijan to support solo concert of pianist Riad Mammadov

Investments in oil & gas sector of Azerbaijan decreased

Banks increased demand by 14% 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.

Mastercard intends to increase its market share in Azerbaijan

Avshar Gurdal, Mastercard’s general director for Azerbaijan & Turkiye, held a press conference in Baku.

Capital outflow from Azerbaijan amounted to about $10 million for Jan-Sept

The Central Bank has released some indicators of the banking sector for Jan-Sept 2022.

Central Bank published balance of payments indicators for Jan-Sept

13 million bank cards account for 10 million population in Azerbaijan

The number of bank cards issued to the population in Azerbaijan has been made public.

Azerbaijan cuts net financial liabilities for Jan-Sept

Central Bank currency rates for 15 December

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

Kapital Bank becomes a champion!

Azerbaijan's State Budget has surplus

The State Budget of Azerbaijan has surplus of more than AZN 3 bn.