SOFAZ transferred so much money to the state budget

SOFAZ unveils income for Q1

The State Oil Fund of Azerbaijan has published budget revenues for the 1st quarter of 2021

Over AZN 640 million compensated to depositors of 4 closed banks

SOFAZ reduced sale of foreign currency for Jan-Apr

Over Jan-Apr 2021 the State Oil Fund of Azerbaijan sold foreign currency for $1.989 bn

5 banks’ assets exceeded AZN 1 bn

As of 1 April of this year the assets of 5 out of the 26 banks operating in Azerbaijan exceeded AZN 1 bn

Gold has grown in value more than by $6

Gold has increased in price at the world exchanges.

Exchange rate of Azerbaijani manat for 3 May

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

SOFAZ reduced sale of foreign currency this year

In April 2021 the State Oil Fund of Azerbaijan sold finances in the amount of $510 million at foreign exchange auctions

Forecast: Global economic growth to be 6% in 2021

According to the latest forecasts of the International Monetary Fund, global economic growth will be 6% inthis year

Banks' loan portfolio grew by 1.4% in 1st quarter of 2021

The credit activity keeps on recovering

Central Bank’s chair: Average annual core inflation was 2.2% in Q1

Today, Central Bank’s chairman Elman Rustamov has held an online press conference on the announcement of the parameters of the interest rate corridor

Elman Rustamov: Stability in foreign exchange market amid favorable external environment balances influence of spending factors

The aggregate demand, mainly supported by public investments, is expected to put pressure upon inflation for the short-term prospect.

Data on retail deposits at banks of Nakhchivan published

As of 1 April 2021 the number of POS terminals installed in the Nakhchivan Autonomous Republic has reached 1,437

List of most popular spheres for lending in Nakhchivan

Loans directed for economy of Nakhchivan has increased

CBA chair: There is balance at foreign exchange market

The foreign exchange market is balanced, and it is completely stable

Elman Rustamov: Central Bank has kept discount rate

The Central Bank of Azerbaijan has taken a decision to keep the discount rate at 6.25%

Gold and silver have slightly fallen in price

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

Exchange rate of Azerbaijani manat for 30 April

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

Central Bank's liabilities to IMF increased by 4%

As of 1 January the obligations of the Central Bank of Azerbaijan on operations with the International Monetary Fund (IMF) amounted to AZN 378.505 million (a rise of 4.3% versus 1 January 2020)

Central Bank’s income on foreign exchange operations increased

In 2020, the income of the Central Bank of Azerbaijan on foreign exchange operations amounted to AZN 1.98 million