Current account surplus of Azerbaijan's balance of payments reached $8.3 bn for 2023

Last year, the current account surplus of Azerbaijan's balance of payments amounted to $8.3 bn.

CBA unveils Top 5 of countries on money transfers

The bulk of money transfers to Azerbaijan accounts for Russia.

Central Bank currency rates for 29 March

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

CBA issued a binding order to Azerbaijan Industrial Bank

Sales at currency auctions in Azerbaijan increased

Central Bank explained why demand for dollars increased

Since the beginning of 2024, the foreign exchange market has also maintained equilibrium.

Banks’ demand at currency auction grew by 1.7%

As a result of the auction, the weighted average exchange rate of the manat was formed at the level of 1.7000 AZN/USD.

CBA: Last year, current account balance made up 11.5% of GDP

The foreign exchange market of Azerbaijan operates under conditions of surplus balance of payments, ABC.AZ reports with reference to the Central Bank of Azerbaijan.

CBA has kept the inflation forecast stable

The inflation forecast for 2024 remains unchanged (the forecast for January of this year is 5.3%).

Central Bank lowers discount rate to 7.5%

Central Bank currency rates for 28 March

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

Central Bank to announce a decision on interest rate on March 28

Central Bank currency rates for 27 March

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

Demand for foreign currency grew by 11.6% 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.

Central Bank currency rates for 19 March

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

Konstantin Tserazov: Fintech in Azerbaijan - Empowering the Country's Youth and Startups

Banks giving the largest number of subsidized loans – List

In two months of 2024, the Entrepreneurship Development Fund, through authorized credit organizations, gave preferential loans in the total amount of 23.2 million manats for 647 projects.

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Central Bank currency rates for 18 March

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

Azerbaijani population’s income grew by 4.7%

Meeting held between the management of Bank Respublika and The Bank of New York Mellon Photo