Spending on defense and national security increased

Defense and national security expenditures are set at the level of AZN 5.08 bn.

SOFAZ transfer to State Budget reduces

Exchange rate of Azerbaijani manat for 20 June

On 20 June, the manat-dollar rate is AZN 1.70, the manat-euro rate - AZN 1.7895, the manat-lira rate AZN 1.0980 and the manat-ruble rate - AZN 0.0300.

Milli Majlis received draft amendments to State Budget 2022

Milli Majlis has received a draft of amendments to the State Budget for 2022.

Central Bank held a meeting - a decision made on discount rate

Central Bank: Azerbaijan's strategic currency reserves grew by 1.9% for Jan-May

The surplus balance of payments contributes to the growth of the country's strategic foreign exchange reserves,

AccessBank introduces its another branch in a new concept - Photo

What is level of concentration of banks in Azerbaijan?

The banking sector of Azerbaijan is characterized by low and medium level of concentration. It is linked with the large number of small and medium-sized banks in the sector.

Do Azerbaijani banks have problems with settlements with Russia?

Exchange rate of Azerbaijani manat for 17 June

On 16 June, the manat-dollar rate is AZN 1.70, the manat-euro rate - AZN 1.7895, the manat-lira rate AZN 1.0982 and the manat-ruble rate - AZN 0.0292.

Azerbaijan may exempt these services from VAT

Banks at currency auction increase demand

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

Fed makes another decision - interest rates raised by 75 basis points

The U.S. Federal Reserve System (FRS) has announced another interest rate decision.

Exchange rate of Azerbaijani manat for 16 June

On 16 June, the manat-dollar rate is AZN 1.70, the manat-euro rate - AZN 1.7745, the manat-lira rate AZN 1.0985 and the manat-ruble rate - AZN 0.0297.

Two of the largest Wall Street banks to refuse to deal with Russian debt securities

Banks at currency auction reduced demand 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

EU disconnects several Russian banks from SWIFT

Exchange rate of Azerbaijani manat for 14 June

On 14 June, the manat-dollar rate is AZN 1.70, the manat-euro rate - AZN 1.7717, the manat-lira rate AZN 1.0985 and the manat-ruble rate - AZN 0.0300

72% of finances directed for fixed assets allocated for construction in Azerbaijan

Over Jan-May 2022, the finances for AZN 4.915 bn were directed for the fixed capital.

Money directed for fixed assets decreased for past 5 months

Over Jan-May 2022, the finances for AZN 4.915 bn were directed for the fixed capital, or 3.2% less against Jan-May 2021.

Exchange rate of Azerbaijani manat for 13 June

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