CBA: Regulatory framework of payment systems in country to be modernized

The regulatory and legal framework of payment systems will be modernized in Azerbaijan.

U.S. presidential elections had positive impact on Nasdaq and Bitcoin

Nakhchivan to host a Davos-format financial forum

Central Bank currency rates for 30 October

CBA: Difference on amount of overdue loans is linked with calculation

AniPay payments decreased

Argentina stops issuing banknotes in denominations of 1,000 and 2,000 pesos

The Argentine Mint has stopped issuing banknotes in denominations of 1,000 and 2,000 pesos due to a unilateral decision by the country's Central Bank (BCRA).

Demand at currency auction increased by 9.4%

Loans to individual entrepreneurs increased by 18.5% in 9 months

Bitcoin surpasses mark of $71,000 first time since June

Central Bank currency rates for 29 October

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

Foreigners increased bank card transactions in Azerbaijan by 59%

Foreign citizens made transactions with bank cards in Azerbaijan in the amount of 1.988 billion manats ($1.169 billion) for Jan-Sept 2024.

CBA to make another decision on discount rate on November 1

The Central Bank of Azerbaijan will make another decision on the discount rate on November 1, 2024.

Bitcoin to grow up to $100,000 with 10% probability — options data

Open positions on the Deribit bitcoin options market demonstrate that the probability of seeing an asset above $100,000 is 9.57%.

Total loan portfolio of credit unions in Azerbaijan has fallen – Report

The total loan portfolio of Azerbaijan's credit unions for Jan-Sept 2024 reahed 10.9 million manats.

Data published on NBCOs loan portfolio of Azerbaijan

The total loan portfolio of the NBCOs of Azerbaijan for Jan-Sept 2024 amounted to 744.6 million manats.

Central Bank currency rates for 28 October

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

CBA and IMF discussed improving of financial stability

The Central Bank of Azerbaijan and the International Monetary Fund have discussed measures to enhance financial stability.

Money transfers from abroad to Azerbaijan decreased by 29%

Over Jan-Sept 2024, Azerbaijan's banks received 1.332 billion manats through fast money transfer systems. The finances sent from Azerbaijan abroad totaled 393.4 million manats.

Number of ATMs has increased

As of October 1, 2024, the number of ATMs in Azerbaijan reached 3,213.

Famous investor: U.S. heads to ‘extremely bad’ recession

One of the most famous investors in the world, Jim Rogers, in an interview with MarketWatch, said that the American economy is heading for an “extremely bad” recession, which will provoke investors to flee to safe haven assets.