
USD Exchange Rate Did Not Change, EUR Slightly Decreased
Baku / 03.10.17 / Turan: At the currency auction of the Central Bank on Tuesday, the US dollar rate did not change, remaining at the level of 1.7002 manat.
Commercial banks buy USD in the range of 1.6850 - 1.7010 manat, and sell it at 1.6920 - 1.71 manat.
On October 3, EUR decreased from 2.0023 manat to 1.9904 manat per 1 EUR.
Commercial banks sell EUR at 1.9930 - 2.2020 manat, and buy it in the interval of 1.94 - 1.9930 manat. -71D-
Finance
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Auction on early redemption of government bonds with codes AZ0201040208, AZ0201040240, AZ0201040265 and AZ0201040323 ISIN, placed by the Ministry of Finance, will be held at the Baku Stock Exchange on 25 February. This was reported by the Ministry.
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The Central Bank of Azerbaijan (CBA) has approved ‘Rules of Operational Risk Management in Banks’ developed on the basis of progressive international experience and standards.This is reported on the CBA website.
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In January 2025, contributions to compulsory state social insurance in Azerbaijan totalled AZN 443.4 million. This was reported by the State Tax Service under the Ministry of Economy.
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In 2024, insurance companies in Azerbaijan concluded 50,207 contracts of ‘Green Card’ for a total amount of AZN 7.2 million.This was reported by the Mandatory Insurance Bureau (BIB).
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