The Central Bank of Azerbaijan has announced the dollar rate for January 27, which was left at the current level - 1.9068 AZN. It should be noted that commercial banks buy US currency at 1,93-1,94 manat, and sell at 1,97-1,98 manat. In parallel with the increase of the dollar exchange rate increases the rate of other foreign currencies. For example, commercial banks buy Euros at 2,01-2,04 manat, and sell at 2,11-2,13 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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