dollar

In January-November 2024, Azerbaijani banks purchased currency worth $6,603.9 million at auctions held jointly by the Central Bank and the State Oil Fund. This was reported by the Central Bank.

Dollar strengthening is again observed in the world markets: thus, for the last month euro has lost its value by about 3% as compared to dollar. Thus, the euro's exchange rate against the dollar is 1/...

In the opening months of 2024, Azerbaijan finds itself grappling with a notable surge in demand for dollars, a trend underscored by the robust results of currency auctions conducted by the Central Ban...

On February 13, 2024, the Central Bank of Azerbaijan hosted its latest currency auction, marked by a staggering surge in demand for the US dollar. Banks clamored for American currency, with today's or...

In recent weeks, Azerbaijan's financial sector has been rocked by reports that some exchange offices and banks are refusing to accept old-style US dollars combined with offers below established exchan...