The Central Bank announced the dollar exchange rate for the holidays. The official exchange rate of the dollar until March 27 will be 1.7201 manat.
Commercial banks buy the US currency today in the range of 1.65-1.68 manat, and sell it for 1.72-1.74 manat.
The official euro exchange rate is 1.8529 manat. Banks buy the European currency in the range of 1.77-1.81 manat, and sell it for 1.86-1.89 manat. -71D-
Economics
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Azerbaijan President Ilham Aliyev has signed a decree to strengthen social protection for pensioners by implementing pension indexation, effective from January 1, 2025.
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The Italian government has extended the deadline for applications in the international tender for the sale of several strategic assets until February 14, confirming that a bidder from Azerbaijan remains among the frontrunners.
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An investigation led by Ghalib Toghrul, Chairman of the Board of the Center for Economic Research, has highlighted budgetary expenditures in the Azerbaijani districts of Aghdam, Fuzuli, and Khojavend, focusing on civil service projects linked to the reconstruction of territories liberated from Armenian occupation.
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On February 4, Azerbaijani Economy Minister Mikayil Jabbarov met with a delegation of the International Monetary Fund (IMF) led by Anna Bordeaux, head of the IMF mission in Azerbaijan, to discuss economic cooperation, financial sector issues and structural reforms, the ministry said.
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