The dollar exchange rate has not changed at the currency auction
Baku / 30.05.17 / Turan: At the currency auction of the Central Bank on Tuesday the dollar rate remained unchanged - 1.7020 manats. Today, commercial banks buy a dollar in the range of 1.6510-1.6910 manat, and sell - for 1.6980-1.7110 manats. The Central Bank set the rate for the euro at 1.8939 manats, against 1.9062 on 26-28 May. Commercial banks buy euro from the population in the range of 1.83-1.88 manats, and sell for 1.90-1.92 manats. -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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