Trading volume in the currency section of the Baku Interbank Currency Exchange (BBVB) in September 2012 was $ 40.477 million or 31.785 million manat.
This is a 55.6% decrease compared to the previous month and by 29.8% compared to September 2011.
The average volume of each transaction in e-trading system on USD / AZN reached this August $ 1.557 million, the average daily turnover - $ 2.024 million.
Just BBVB auction in September 2012 was attended by nine banks. In the reporting month, BEST 40 trading sessions and recorded 26 transactions.
Stock exchange turnover for the first three quarters of this year amounted to the equivalent of 541.25 million manat, which is 15.4% less than in January-September last year.
The exchange rate of the national currency in the reported month remained unchanged at 0.7846 per 1 USD. The average rate of the U.S. dollar against the manat in September was 0.7853 AZN for 1 USD, against 0.7853 AZN in August. - 15B -
Economics
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Azerbaijan’s Minister of Economy, Mikayil Jabbarov, participated in the "Circle of Leaders: Financing the Energy Transition - New Horizons" session during the World Economic Forum (WEF) in Davos, emphasizing the country’s strategic role in global energy security and its green energy transition initiatives.
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Around 200 employees of SOCAR, Azerbaijan's state oil company, staged a strike in Batumi, Georgia, on January 21,demanding wage increases, local outlet Batumelebi reported. Participants included technicians and staff from various departments who argued that their long-standing minimal salaries fail to reflect their workload.
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On January 21, during a meeting in Davos, Azerbaijani President Ilham Aliyev met with Henrik Poulsen, Chairman of the Supervisory Board of Carlsberg Group, and Jacob Aarup-Andersen, the company's CEO. The discussions emphasized Carlsberg Group's expanding presence in Azerbaijan and its commitment to developing local production and sustainability.
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In 2024, Azerbaijan's "Single Window" Export Support Center processed 1,747 requests from businesses and individuals, facilitating the issuance of 3,982 export certificates. According to Vusal Gasimli, Executive Director of the Center for Analysis of Economic Reforms and Communications, these efforts supported export operations valued at USD 288.2 million.
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