Azerbaijan has $70 billion of strategic foreign exchange reserves

Bank Respublika signed a cooperation agreement with three international financial organizations under COP29. During the 29th session of the Conference of the Parties to the UN Framework Convention on Climate Change (COP29), the International Finance Corporation (IFC) supported Bank Respublika by providing a substantial loan to finance green projects in Azerbaijan.

USD 1,7 EUR 1,7803

On November 19, Finance Minister Samir Sharifov stated in the Milli Majlis (National Assembly) that fines issued to citizens in Azerbaijan sometimes do not reach the state budget. According to him, a new software system has been developed to address this issue and ensure proper oversight of fine payments.

‘Baku Stock Exchange' (BSE) has started its work since 19 November to take part in the annual meeting of the World Federation of Exchanges (WFE), which will end on 22 November.