The Central Bank of Azerbaijan (CBA) has established a course USD/AZN on August 6-8 at the level of 1.6005. On August 5 USD/AZN 1,5980 course. Thus, for two months the rate of dollar has risen in price by about 0.11 manat, and crossed the psychological mark of 1.6 manat. This trend once again caused a stir in the foreign exchange market of Azerbaijan. Today, a number of commercial banks have stopped selling the US currency. Other banks have restricted the sale of dollars and released in one hand 500 or 1000 USD.-06D--
Economics
-
The Cabinet of Ministers of the Republic of Azerbaijan approved a series of amendments to the excise rates on excisable goods imported into the country on July 23. The changes, ratified on January 19, 2001, and coming into force 30 days from today, aim to align tax rates with current economic conditions and trade policies.
-
The Information and Communication Technologies Agency (ICTA), Azerbaijan's regulatory body for telecommunications and postal services, has registered six new telecommunications operators and providers, bringing the total number to 163.
-
Turkmenistan, Azerbaijan, Georgia, and Romania are set to sign a quadrilateral intergovernmental agreement to establish the international transport route "Caspian Sea – Black Sea" in Bucharest in 2024, the Ministry of Foreign Affairs of Turkmenistan reported on Tuesday.
-
Proposals for increasing the minimum wage in Azerbaijan will be prepared. This is stated in the "Labor Market" working group's 2024 Action Plan of the Business Environment and International Ratings Commission.
Leave a review