Baku / 30.05.17 / Turan: Over the past 4 months, the manat rate has strengthened by 4%, and since reaching the lowest rate in early February 2017 - by 11%. This was said by the head of the Central Bank of Azerbaijan Elman Rustamov, speaking at a conference on economic reforms in Azerbaijan on May 30.
Rustamov promised that today there is no threat to the stability of the manat, commenting on the probability of a new devaluation. Rustamov did not disclose the reasons for his optimism.
Let us note that such statements by Rustamov are perceived by the public and financial circles with distrust. The reason for this is reverse processes and inevitable devaluation, as it already happened twice in 2015. -02D-
Finance
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In January-October 2024, receipts on contributions to compulsory state social insurance in Azerbaijan totalled about AZN 4.7 billion. This was reported by the State Tax Service under the Ministry of Economy.
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The Baku Stock Exchange (BSE) has completed the auction on placement of interest-bearing, unsecured, undocumented, registered bonds of non-bank credit organisation ‘International’ with IRIN code az2020021021 / az2018021025 ISIN in the amount of AZN 500,000 with a 24-month circulation term. This is reported by the BSE.
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From January to October 2024, the total turnover of the 12 investment member companies of the Baku Stock Exchange (BSE) amounted to about AZN 77.7 billion. This is reported by the BSE.
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Turkish anonymous company 'BMS Group Sigorta ve Reasürans Brokerliği' has been included in the register of foreign insurers, reinsurers and insurance brokers of the Central Bank of Azerbaijan.
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