ECONOMY

NEWS

Freight transport by rail in Azerbaijan has increased

— ECONOMY
“Azerbaijan Railways” CJSC (ADY) transported more than 12 million tons of cargo in January-August 2026. This is 9% more compared to the same period last year. According to the information provided to elchi by ADY, transit shipments reached 5 million tons during the mentioned period, exceeding last year’s figure by 12%. According to the information, […]
NEWS

Azerbaijan has slightly increased its earnings from methanol exports

— ECONOMY
In January-August 2026, Azerbaijan exported 195.2 thousand tons of methanol worth 68.34 million dollars. “Elchi” reports that this is stated in the information released by the State Customs Committee (SCC). During the reporting period, the value of exported methanol increased by 1.3 percent compared to the previous year, while the volume decreased by 33.2 percent. […]
NEWS

Repurchase of SGC eurobonds has reduced Azerbaijan’s external liabilities

— ECONOMY
In the first 6 months of 2026, Azerbaijan’s liabilities on portfolio investments decreased by approximately 2 billion US dollars. “Elchi” reports that this was stated by Samir Nasirov, Director of the Statistics Department of the Central Bank of Azerbaijan, at a briefing dedicated to the disclosure of the balance of payments. According to him, the […]
NEWS

The total export potential between Azerbaijan and Uzbekistan exceeds $1 billion

— ECONOMY
The total export potential between Azerbaijan and Uzbekistan exceeds $1.15 billion. “Elchi” reports that this was stated by Mirshohid Aslanov, CEO and co-founder of the Center for Progressive Reforms (CPR) of Uzbekistan, at the presentation of the “Azerbaijan–Uzbekistan Business Barometer”. According to him, this creates the necessary foundation for realizing the goal set by the […]
NEWS

Azerbaijan’s current account surplus has doubled

— ECONOMY
In the first half of 2026, a surplus of 4.7 billion US dollars was formed in the current account (CA). This is 2 times more compared to the same period last year. elchi reports that this was stated by Samir Nasirov, Director of the Statistics Department of the Central Bank of Azerbaijan, at a briefing […]
NEWS

CBA: The average price of Azerbaijani oil has exceeded $94 this year

— ECONOMY
In the first 6 months of 2026, the average realized price of Azerbaijani oil was 94.5 US dollars per barrel. “Elchi” reports that this was stated by Samir Nasirov, Director of the Statistics Department of the Central Bank of Azerbaijan, at a briefing dedicated to the disclosure of the balance of payments. According to him, […]
NEWS

Buy a Wi-Fi modem from Bakcell and get your first subscription for free

— ECONOMY
Bakcell offers Wi-Fi internet packages that provide its subscribers with the opportunity to use the internet comfortably and flexibly. Thus, subscribers who purchase a Wi-Fi modem from Bakcell are provided with up to 100 GB of free internet as part of the first subscription to their chosen internet package. To suit different internet needs, subscribers […]
NEWS

The price of Azerbaijani oil has exceeded 127 dollars

— ECONOMY
The price of “Azeri Light” (CIF) brand Azerbaijani oil has increased in world markets. elchi reports that the price of 1 barrel of Azerbaijani oil has increased by 7.27 dollars, or 6.06%, reaching 127.29 US dollars. It should be noted that the previous price of Azerbaijani oil was 120.02 US dollars. It is worth reminding […]
NEWS

Today’s currency exchange rates

— ECONOMY
The Central Bank of Azerbaijan has announced today’s currency exchange rates. According to “Elchi”, the exchange rate of the US dollar remained unchanged at 1.7000 manats on September 15, while the Turkish lira stood at 0.035 manats. In turn, Russia’s 100 rubles rose to 2.0106 manats, while the euro fell to 1.9613 manats. Currency Code […]
NEWS

The decline in gold and silver prices continues

— ECONOMY
The value of futures for one troy ounce (31.1 grams) of gold in commodity markets has decreased. “Elchi” reports, citing exchange data, that the value of December 2026 gold futures on the New York COMEX commodity exchange decreased by 0.15% to 4,345.5 US dollars per troy ounce. The price of December 2026 silver futures per […]