Almost all the Azerbaijani media do not comment on the suspension of sales of the US dollar in the country's banks.
On Monday, banks and exchange offices have not been selling dollars, despite the fact that the Central Bank announced the official dollar exchange rate of $ 1 = 1.0470 AZN.
Moreover, a number of media emphasize the strengthening of the manat against the US dollar.
This behavior suggests that the media were instructed not to touch upon this painful subject and not to create additional excitement around the monetary uncertainty.
The websites of the online media are full of a variety of domestic and international news and they little touch on the socio-political and social aspects of life.
The tension on the foreign exchange market began to be felt in the past week, and especially to its end. Rumors spread about the second wave of devaluation are not denied. The Central Bank does not comment on the current situation, only saying it is under control. -0-
Economics
-
Farmers in Azerbaijan must insure their barley, wheat, rice, and corn crops grown on lands exceeding 10 hectares to be eligible for agricultural subsidies, a government official stated during a recent briefing on updated subsidy rates.
-
Pakistan’s gas reserves, estimated at approximately 400 billion cubic meters, and annual production of about 30 billion cubic meters, are insufficient to address the "blue fuel" deficit in this densely populated country. Consequently, the government has identified meeting the country’s gas needs as a strategic priority.
-
The hospitality industry in Azerbaijan recorded significant growth in 2024, with the number of overnight stays in hotels and similar establishments rising by 25.1% year-on-year to 4.28 million, according to official data. This robust recovery highlights the increasing appeal of the sector to both domestic and international travelers, supported by improved infrastructure and the diversification of tourism offerings.
-
Azerbaijan's Agricultural Subsidy Council has set new requirements for the establishment of intensive orchards, including the installation of climate stations, according to Vugar Huseynov, head of the Ministry of Agriculture's press service.
Leave a review