Dollar and Euro Exchange Rates Declined
Baku / 09.09.17 / Turan: At the currency auction of the Central Bank of Azerbaijan on Thursday, the US dollar rate fell from 1.7008 manat to 1.7007 manat.
Commercial banks buy dollars in the interval 1.66-1.6970 manat, and sell them at 1.7005-1.71 manat.
The euro exchange rate decreased from 2.0382 manat to 2.0205 manat.
In commercial banks, the euro is sold in the range of 2.03-2.04 manat, and bought at 1.97-2.015 manat. -71D-
Finance
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From 15 January the State Oil Company (SOCAR) will issue ‘Green Bonds’.This is reported by SOCAR.
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On January 10, President Ilham Aliyev signed an order to dismiss Finance Minister Samir Sharifov. He had held this position since 2006.
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The Central Bank of Azerbaijan (CBA) has changed the ‘Procedure for purchase and sale of foreign currency between the Central Bank and banks’, which it approved on 15 November 2022.
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In 2024, the economic growth in Azerbaijan made up 4.6%; it is expected that in 2025-2026 this index will make up an average of 3%.This is stated in the UN report ‘World economic situation and prospects 2025’.
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