Economics - 2016
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The Central Bank announced a new dollar exchange rate of 24 August - $1 will cost 1.6245 manats, which is higher than the previous rate (1.6204 manats.) It should be noted that the dollar in July-Augu...
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In the commercial banks of Azerbaijan the annual interest rates of classical deposits taken in manats vary between 1 - 16%. Deposits in US dollars for the year bring 0.75-10% and deposits in euro b...
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In January-July 2016 the consumption of oil products in the domestic market amounted to 1 million 912.7 tons. As Turan was told in the government, compared to the same period last year, the dom...
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JSC Plant Red Sormovo (Nizhny Novgorod, part of United Shipbuilding Corporation, USC) launched the first tanker for the Azerbaijani Caspian Marine Services Limited, the press service of the Moscow...
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The State Statistics Committee informs that the Baku-Tbilisi-Ceyhan (BTC) pipeline from 1 January to 1 August supplied 20 million 596.4 thousand tons of oil, accounting for 78% of the total pumping vo...
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The Azerbaijan Deposit Insurance Fund (ADIF) has compensated for 72.6% of the depositors of the closed four banks, Para Bank, Zamin Bank, Credo Bank and Deka Bank, said the Fund. According to T...
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The Central Bank of Azerbaijan will either accept the fact that foreign exchange reserves are melting, or will have to make devaluation, according to the expert on banking issues, Akram Hasanov....
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The day before in Baku on the initiative of the Eurasian Association of Poultry Farmers a themed international forum was held. The purpose of the event was the expansion of export opportunities of...
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By August 1, the volume of gross domestic product in Azerbaijan amounted to 32 billion 122.6 million manats (minus 3% from the same period last year). According to State Statistics Committee, the...
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The State Oil Fund of Azerbaijan (SOFAZ) sold $46 million at the foreign exchange auction of the Central Bank on August 23. $ 50 million was proposed at the auction. $ 46 million was bought by 25...
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The Azerbaijani Cabinet of Ministers established a procedure for the use of frozen assets to pay for urgent and unforeseen expenditure of businesses and individuals. According to Decision №310 of...






