Central Bank of Turkiye decided on interest rate

At the last meeting of the year, held on 22 December, the Central Bank of Turkiye (TCMB) kept the interest rate at 9% in line with market expectations.

This ministry’s powers reduced – DECREE

One of the powers of the Ministry of Finance has been abolished.

Chairman of board of Financial Monitoring Service appointed

Banks reduced demand at currency auction by 23%

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

Dollar exchange rate in Russia exceeds 72 rubles

The dollar exchange rate on the Moscow Stock Exchange rose above 72 rubles for the first time since 29 April 2022.

Central Bank currency rates for 22 December

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

CBA may start introducing Islamic banking in Azerbaijan

Bank of England presents design of banknotes with image of Charles III

The Bank of England presented on Tuesday the design of banknotes with the image of the new King of Great Britain Charles III.

CBA launches one more program

EBRD and Bank Respublika issue first transaction after renewing the trade finance guarantee facility

Banks’ interests on deposits in manats

We present interests on deposits in manats in Azerbaijani banks for the period of 12 months.

U.S. bank Wells Fargo fined

U.S. bank Wells Fargo will pay more than $2 bn in compensation to consumers and $1.7 bn in fines for violations

Central Bank currency rates for 21 December

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

Demand increased by 52.6% at currency auction in Azerbaijan

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

Milli Majlis approved amendments to Law on Banks

At the next plenary session the parliamentarians discussed and approved the amendments to the Law on Banks in the 3rd reading.

Central Bank currency rates for 20 December

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

2 more leasing companies established in Azerbaijan

Central Bank currency rates for 19 December

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.

A proposal made to forgive debts on loans for the unemployed

Central Bank: Uncertainty in inflation expectations for next year remains

Although inflation in Azerbaijan has stabilized over the past 2 months, it still remains double-digit, and there is high uncertainty for the next year.

Activity in the interbank money market grows

Azerbaijan's activity in the interbank money market continues to grow