Foreign Exchange Market Remains Stable as Dollarisation Declines and Reserves Grow
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- Express analysis
- 2 April 2026 15:25
Express analysis
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Russian media have reported the spread of foot-and-mouth disease among livestock in several regions of the country. According to these reports, the main outbreak zone is Siberia. Azerbaijan imports beef from Russia, which accounts for approximately 20% of total beef imports. Experts recommend that Azerbaijan exercise caution in importing beef from Russia.
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Azerbaijan’s monetary base increased to 23.765 billion manats as of April 1, 2026, marking a rise of 948 million manats, or 4.2%, compared with March 1, according to official data.
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U.S. President Donald Trump said on April 1 that American forces had achieved “rapid, decisive and overwhelming victories” in the conflict with Iran, while indicating Washington is simultaneously seeking a pathway to end the war through negotiations.
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Azerbaijan plans to establish a dedicated information system for the legalisation of official documents, as part of a broader push to digitalise public services, according to information reported by local media.
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