2016 January 14 (Thursday) 12:03:59
From today a priority of purchase and sale of foreign currency will be hotels and airports, as well as those tourist facilities, which receive foreign guests.
Furthermore, according to the decision of the Central Bank of Azerbaijan Republic, it is prohibited to exchange currency outside the head offices, branches and offices of banks.
"In recent days, due to the growth of operations with currency exchange and the central bank has restricted the activities of currency exchange offices stopped for effective and efficient regulation of commercial banks, to strengthen control over operations and optimizing costs," the statement of the regulator said. As the cause of the restriction of the segment quite a large network of banks is reported.
According to the CBA, currently the country has 914 branches and offices of 43 local banks, 458 of which are located in the regions. --17D-
Economics
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Azerbaijani President Ilham Aliyev has signed amendments to two presidential decrees, refining the roles and appointments of the State Customs Committee's representatives abroad, including in international organizations.
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Auditing organizations and independent auditors in Azerbaijan concluded 7,232 contracts valued at 133.2 million manats ($78.4 million) in 2023, reflecting increases of 20% in the number of contracts and 7.1% in their total value compared to the previous year, according to the Chamber of Auditors.
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The third meeting of the auction commission was held to evaluate the proposals submitted by participants in the auction for the Gobustan Solar Power Plant project, supported by the European Bank for Reconstruction and Development (EBRD). The meeting focused primarily on determining qualification eligibility and selecting the auction winner, according to the State Agency for Renewable Energy Sources.
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There is no sensationalism in the recent renaming of the Azerbaijani ship Karabakh to Mingachevir; the new name was given to the ship to ensure that two vessels would not operate under the same name, the Merchant Fleet of Azerbaijan Caspian Shipping Company (ASCO) CJSC told Turan.
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