Fourth interest rate rise from Central Bank of Australia

The Central Bank of Australia has raised the interest rate by 0.50 points up to 1.85%.

VTB (Azerbaijan) supported the Summer University for Young Leaders project - Photo

Currency exchange rates for 2 August

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

Foreigners made bank card transactions for AZN 1.07 bn

CBA's foreign exchange reserves increased by 14%

As of 1 August, Central Bank’s foreign exchange reserves amounted to $7.407 bn (by 0.5% more compared with 1 July)

Monetary base has grown in Azerbaijan

The monetary base in Azerbaijan as of 1 August amounted to AZN 16.1 bn

Russian Central Bank extends restrictions on withdrawal of cash foreign currency

The Bank of Russia has extended restrictions on cash withdrawals of foreign currency for another six months - until 9 March.

Banks with assets of over AZN 2 bn

As of 1 July 2022, the assets of four out of 26 banks operating in Azerbaijan exceeded AZN 2 bn.

Assets of 5 banks decreased in Azerbaijan

The assets of five out of the 26 banks operating in Azerbaijan as of 1 July 2022 were smaller in annual comparison.

National Bank of Ukraine announces imminent strengthening of hryvnia

There are no objective reasons for the devaluation of the hryvnia

Population’s income increased by 20% this year

According to preliminary data, in the 1st half of 2022, the Azerbaijani population’s income in nominal terms grew by 19.9% and reached AZN 32.959 bn.

Population’s deposits in banks grew by 22%

Currency exchange rates for 1 August

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.

Central Bank’s general director: Currency sales exceed purchases

Currently, there is no excitement in the foreign exchange market of Azerbaijan. Currency sales by the population exceed purchases

CBA chairman replies expert's questions

Today, the Central Bank’s Board of Directors has held a meeting on the announcement of the discount rate. Then CBA chairman Taleh Kazimov held an online press conference.

Taleh Kazimov: Work is underway on creation of interbank market

CBA chairman of board about manat rate change

Mir payment system can be launched in Azerbaijan

The Central Bank of Azerbaijan is discussing the possibilities of the Russian Mir payment system operating in Azerbaijan,

Rate of bank accounts has increased in Azerbaijan

FINCA Azerbaijan earned AZN 2.6 million last year

FINCA Azerbaijan has published the financial report for 2021.

CBA held a meeting – discount rate kept

The Central Bank of Azerbaijan has kept the discount rate at the level of 7.75%.