Forecast: Credit investments in private sector to increase in Azerbaijan

According to the International Monetary Fund, the volume of loans given to the private sector in Azerbaijan this year will increase by 5%

MP: Dividends on deposits in manats have also decreased

MP Vugar Bayramov has published a post on the social network in connection with the growth of problem loans

Problem loans increased up to AZN 921 million

Over the first 4 months of 2021 the volume of both credit investments and non-performing loans from banks increased

World's leading currencies to fall rapidly in price against the dollar

U.S. Central Bank’s (Fed) chairman Jerome Powell said that Fed will not raise rates due to the rapid growth of inflation, and will continue to monitor the situation to make the right decision

Number of millionaires in world has increased by 5 million people

Swiss bank Credit Suisse has published an updated version of World State Report 2020

Gold has grown in price almost by $5

The prices of gold and silver offered at the world stock exchanges have been declared

Exchange rate of Azerbaijani manat for 23 June

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

Banks acquired $61.9 million at a currency auction

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

Directors appointed at three NBCOs

New directors of non-bank credit organization Azerbaijan Microcredit Agency, Executive Credit Agency and MJ Financial Services LLC have been appointed

Forecast: Decline of these exchange rates may accelerate

Federal Reserve’s chairman Jerome Powell will deliver speech at the U.S. Senate with address to the international currency exchanges today at 10 pm on Baku time

Expert: Azerbaijan is not so attractive for foreign banks

Currently, due to the pandemic, foreign banks do not enter the markets anywhere

Cost of gold has increased almost by $5

Exchange rate of Azerbaijani manat for 22 June

The Central Bank of Azerbaijan has announced the exchange rate of the manat to foreign currencies for 22 June 2021.

Expert: Lending in banking system gradually expands

The gradual decline of the pandemic, coronavirus infection creates revival in the economy as a whole

Turkish lira gets cheaper, and US dollar rises in price

On the first day of a new week the US dollar rises in value

Value of gold at stock exchanges declared

The price of gold at the world stock exchanges has increased

Exchange rate of Azerbaijani manat for 21 June

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

Gold has risen in value

The prices of gold and silver offered at the world stock exchanges have been declared

Exchange rate of Azerbaijani manat for 18 June

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

Banks accept deposits in manats on such conditions

Banks in Azerbaijan accept deposits in manats at 6-7% per annum.

Central Bank sold $46.8 million to banks 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