Economics - 2016
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On Friday, the rate dollar continued to rise against the manat. According to Turan was, the Central Bank set the official exchange rate of the American currency by another 0.5% to $ 1.6954 manats...
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The assets of Bank Nikoil for the third quarter decreased compared to the beginning of the year by 5.76% (32 million 836 thousand manat), amounting to 537 million 114 thousand manat. At the same t...
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Today, the Minister of Economy Shahin Mustafayev received the delegation of Chinese businessmen headed by Board member of the petrochemical company CNPC Van Shihong. The Minister said the bilatera...
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The Milli Majlis has approved changes to the Forest Code of the Azerbaijan Republic. According to the innovation, landscaping areas outside the forest fund have been identified. These include plantati...
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The Azerbaijani parliament holds a regular meeting in the autumn session. The agenda includes 26 issues related to changes in a number of legislative acts. MPs have approved a number of them. So,...
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On November 10, Baku hosted a conference on Investment Opportunities in Azerbaijan and Iran, which was attended by business representatives of the northern provinces of Iran. According to the Foun...
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The Baku Stock Exchange held an auction on placement of short-term notes of the Central Bank of Azerbaijan, totaling 75 million manat at a nominal value of 100 manat each. During the auction there...
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Over the last month from 8 to 32 commercial banks changed their annual interest rates. They are AFB Bank, Bank of Baku, Bank Silk Way, Pasha Bank, Rabita Bank, Uni Bank, Yapi Kredi Bank (Azerbaijan...
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The Central Bank of Azerbaijan will hold the next, 20th, deposit auction on November 14. The Central Bank plans to attract AZN 50 million at auction for a period of 14 days on the average rate of...
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The Ministry of Finance will hold on Tuesday (15 November) an auction on placement of 6-month T-bills worth 19 million manat, Baku Stock Exchange informs. At the previous auction the Ministry of F...
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Fitch Ratings has downgraded the long-term default rating of Azerbaijan OJSC Demir Bank from B- to CCC. The rating agency's report said the short-term rating downgraded to C from the level B....
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The cost of a ticket for travel in business class carriages on the railway route Baku-Sumgait decreased from 1.60 to 1.20 manat. This is the second reduction in ticket price this year, the press servi...

