Exchange rate of Azerbaijani manat for 9 February

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

Goldman Sachs raises its forecast for price of gold

Goldman Sachs strategists stated that slowing economic growth and rising inflation increased investment demand for gold in 2022, raising the 12-month forecast for gold prices from $2,000 up to $2,150 per ounce.

Banks in Azerbaijan lower 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

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Five banks’ liabilities in Azerbaijan exceed AZN 1 bn

Several banks operating in Azerbaijan have lowered their liabilities compared with 2021. However, there are also banks whose liabilities are increasing.

Several banks reduced their liabilities in annual comparison

As of 1 January 2022, the liabilities of several banks operating in Azerbaijan were lower in annual comparison.

Exchange rate of Azerbaijani manat for 8 February

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

Western Union to halt transfers within Russia

Western Union will suspend conducting operations in Russia from 1 April 2022, the Russian press informs with reference to the company's letter to partner banks

Exchange rate of Azerbaijani manat for 5 February

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

Two Turkish banks’ loan portfolio in Azerbaijan approaches AZN 700 million

Currently, subsidiaries of two Turkish banks – Yapı Kredi Bank Azerbaijan and Ziraat Bank Azerbaijan are operating in Azerbaijan.

Azerbaijani banks with loan portfolio of over AZN 1 bn

The loan portfolio of four out of the 26 banks operating in Azerbaijan exceeded AZN 1 bn as of 1 January 2022.

Personnel changes in Deposit Insurance Fund

A new deputy executive director of the Azerbaijan Deposit Insurance Fund (ADIF) has been appointed.

European Central Bank keeps discount rate

The European Central Bank has held the next meeting.

Standard & Poors Agency affirms Kapital Banks rating

Exchange rate of Azerbaijani manat for 4 February

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.

Prior Credit’s authorized capital has grown 10-fold up to AZN 3 million

The authorized capital of NBCO Prior Credit (a subsidiary of Prior Leasing LLC) has been increased by AZN 2.7 million, or 10-fold up to AZN 3 million.

Banks in Azerbaijan increase demand by 26% 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.

S&P Global Ratings affirms credit ratings of three Azerbaijani banks

Demand for US dollar has grown - SOFAZ unveils volume of sold currency funds

The State Oil Fund of Azerbaijan has announced the amount of finances sold at currency auctions

Exchange rate of Azerbaijani manat for 3 February

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

Cryptocurrency traders to be taxed in India

In India, they decided to tax cryptocurrency traders.