Central Bank’s currency reserves increased by 11%

The foreign exchange reserves of the Central Bank of Azerbaijan totaled $7.075 bn as of 30 December 2021

Central Bank: Monetary base has grown in Azerbaijan

As of 1 January 2022 the monetary base in Azerbaijan amounted to AZN 17.937 bn

Azerbaijani banks reduce demand 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

Azerbaijani banknote becomes the best, being among the finalists

The banknote with face value of 50 manats, issued by the Central Bank of Azerbaijan in circulation since the beginning of 2021, has been included among the finalists of the international competition

ABA discussed matters related to banks

Exchange rate of Azerbaijani manat for 11 January

The Central Bank of Azerbaijan has announced the exchange rate of the manat to foreign currencies for 11 January 2021.

Another NBCO to increase its equity capital

Non-bank credit organization Nas Project plans to double its authorized capital - from AZN 300,000 to AZN 600,000.

Cryptocurrency billionaires of the world

Foreign exchange reserves in China have soared

Foreign exchange reserves in China reached the highest level in the last 6 years, amounting to $3.25 trillion in December

Bitcoin to become cheaper

The US dollar came under pressure after some nuances in the market

Exchange rate of Azerbaijani manat for 10 January

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

Exchange rate of Azerbaijani manat for 7 January

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

Central Bank has issued a statement

Demand of banks at currency auction exceeded $114 million

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

Fed prepares to raise the interest rate - a meeting held

The U.S. Federal Reserve System, acting as the central bank, is ready to raise the base interest rate at an earlier date than expected due to the economic situation in the country.

Exchange rate of Azerbaijani manat for 6 January

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

SOFAZ increased currency sales for December

The State Oil Fund of Azerbaijan has distributed information about the sale of the foreign currency.

Central Bank of Azerbaijan licensed another NBCO

Non-bank credit organization SF Azerbaijan LLC has been licensed in accordance with the decision of the Board of the Central Bank of Azerbaijan

Exchange rate of Azerbaijani manat for 5 January

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

Since early 2021 banks have bought foreign currency for over $6 bn at auctions

In November and December 2021 the currency sales at Central Bank’s auctions amounted to only $1.843 bn.

Central Bank’s 9 auctions for December sold foreign currency for over $800 million