At the end of August at the government securities market (excluding repo operations) LLC Pasha Capital was the most successful broker.
According to BSE, there were brokerage services in the amount of 156 750 110 manats last month. In July, it also topped the list of the best companies in this segment.
AzFinance Invest Ltd goes with a significant lag - 13,144,710 manats, which is also a result of the repetition of a month ago. In the third place is Ltd Brokdil-AZ - 8,676,870 manats, which is much better than at the end of July, when it was in the seventh place
In total, according to the BSE, in August financiers used the services of eight brokers. --17D-
Economics
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On July 26, the Ministry of Economy hosted a meeting with entrepreneurs from the non-oil industry to explore ways to stimulate local production and enhance export potential.
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Azerbaijani internet service providers Aztelekom and Baktelekom will introduce substantial changes to their pricing structure starting August 15, the companies announced today. Under the new tariffs, the minimum internet speed will rise to 100 Mbit/s, with the cost per Mbit/s decreasing from 0.45 AZN to 0.25 AZN. As a result, monthly charges will be set at 25 AZN for 100 Mbit/s, 30 AZN for 150 Mbit/s, and 36 AZN for 250 Mbit/s.
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Independent experts suggest that Azerbaijan may be on the verge of another devaluation of its currency, the manat, due to a shrinking trade and payment surplus. The anticipated economic adjustments come amidst a decline in foreign currency inflows and reduced oil production.
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Azerbaijan’s Foreign Minister Jeyhun Bayramov met today with Ahmed Moallim Figi, the Minister of Foreign Affairs and International Cooperation of Somalia, at the Azerbaijani Foreign Ministry. This meeting followed a discussion held the previous day between Figi and Azerbaijan’s Economy Minister Mikail Jabbarov.
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