Central Bank sold $56.2 million to banks at currency auction

As a result of the auction, the weighted average exchange rate of the manat to the US dollar was AZN 1.70

Reduced and increased types of bank deposits for October

Banks report about decline in term deposits

Azerbaijani banks` liabilities decreased

Gold has grown more than by $3

Exchange rate of Azerbaijani manat for 26 November

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

Problem loans declined over the past year

The non-performing loans decreased by 20.9% compared with the beginning of the year and by 27.3% over the past year

Problem loans in credit institutions decreased by about 6%

The amount of overdue loans of credit institutions of Azerbaijan in October 2020 amounted to AZN 1.6 bn

Banking sector revenues decreased by about 17%

Banks operating in Azerbaijan completed the Jan-Oct term with net profit of AZN 478 million.

Demand for gold falls – Causes

Amid the growing risk in the financial markets, the demand for gold is also declining

US dollar continues to fall in price

After the positive news about Covid-19 vaccination, the US dollar is having a hard time.

Gold has fallen in price more than by $3

Gold and silver prices have been declared at the world exchanges.

Exchange rate of Azerbaijani manat for 25 November

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

Personnel changes at AccessBank

Central Bank sold $62.7 million to banks at currency auction

As a result of the auction, the weighted average exchange rate of the manat to the US dollar was $1.70

Central Bank raised AZN 100 million in a deposit auction

The Central Bank of Azerbaijan raised AZN 100 million at yesterday`s deposit auction

US dollar gets cheaper

On Monday, the US dollar fell in price at the world exchanges.

Exchange rate of Azerbaijani manat for 24 November

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

Gold has sharply fallen in price

Gold and silver prices have been declared at the world exchanges

Fitch Ratings did not change its expectations on Azerbaijan public debt in the new forecast

Fitch Ratings improved its forecast on Azerbaijan