Economics - 2017
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The Central Bank announced the rate of manat on March 2, leaving it at the level 1USD/1,7515 AZN unchanged. Commercial banks buy dollars in the range of 1,73-1,75 manat, and sell for 1,78-1,83 manat....
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The State Oil Fund sold USD 258.4 million from foreign exchange auctions in February, according to the Fund. On the whole, eight currency auctions were held in February. The AZN rate changed i...
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The retirement age is determined on the basis of the average age. According to international standards, after retirement people should be able to receive a pension for not less than 12 years. In an in...
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The Financial Markets Supervision Authority (FIMSA) on February 27 registered 500 thousand short-term notes of the Central Bank of Azerbaijan at the par value of 100 manat each. The maturity of th...
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From March 1, the State Customs Committee takes strict control of the timely return of temporarily imported and exported goods and vehicles passing through Azerbaijani customs under the procedure of t...
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On February 28 on the Baku Stock Exchange auction the Ministry of Finance easily placed the first package of short-term government bonds with a maturity period of 2 years. BSE informs that 7 in...
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The Board member Hasan Guliyev has been appointed Deputy Chairman of the Board of Bank of Baku. Currently, the acting Chairman of the bank is the Deputy Chairman Eldar Hamidov. Shareholders...
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As a result of restructuring activities in the banking sector stabilization tendencies are observed, Chairman of the Board of Directors of the Financial Markets Supervision Authority (FIMSA) Rufat...


