WB to support employment program in Azerbaijan - agreement signed

Azerbaijan and the World Bank have signed loan agreements for $150 million on the implementation of two projects

21 banks joined this project

The initiative of President Ilham Aliyev on the distribution of the social responsibility in connection with assistance to banks in self-employment of vulnerable groups of the population created conditions for banks for participation in the expansion of the self-employment program

Money transfers from Russia to Azerbaijan decreased much

Over Jan-Mar 2020 the money transfers from Russia to Azerbaijan amounted to $95.228 million.

Gold has grown by $14.40

Prices for gold and silver on world exchanges have been declared

Central Bank announced exchange rate for 22 June

The Central Bank of Azerbaijan announced the exchange rate of the manat to foreign currencies for 22 June

Central Bank lowers discount rate to 7%

The Board of the Central Bank has made a decision to reduce the discount rate from 7.25% to 7%

Effektinvest reduced interest income

Effektinvest LLC (NBCO) has published a report on the results of 2019

NBCO, whose total assets decreased from AZN 5 million to AZN 3 million

Effektinvest LLC (NBCO) has released its financial statements for 2019

Gold has increased by $4.4

Prices for gold and silver offered on world exchanges have been announced

Central Bank announced exchange rate for 19 June

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

New appointment in Azerbaijan-based WB office

A new WB manager for Azerbaijan has been appointed.

UK`s central bank held a meeting – Interest rate remained unchanged

The Bank of England has conducted a meeting to re-consider interest rates

Central Bank sold $26.9 million to banks in a currency auction

The Central Bank of Azerbaijan conducted a currency auction with the participation of the State Oil Fund

Elman Rustamov: We`ve managed to withdraw some unstable banks from system

We were able to maintain the macroeconomic stability and the inflation rate is about 3%

Gold has declined slightly in price

Central Bank announced exchange rate for 18 June

The Azerbaijani manat has increased to the euro and the Russian ruble, while is stable to the US dollar

Gold falls by $4

Prices for gold and silver offered on world exchanges announced

Deposits in manats decreased

Central Bank raised AZN 250 million in a deposit auction

The Central Bank of Azerbaijan has raised AZN 250 million in a deposit auction

Central Bank sold $30.9 million to banks in a currency auction

The Central Bank of Azerbaijan has conducted a currency auction with the participation of the State Oil Fund

Capital export from Azerbaijan increased by 35%

The volume of capital export from Azerbaijan for Jan-Mar 2020 amounted to $999.9 million