ECONOMY

The Azerbaijan Land Transport Agency (AYNA) is expanding measures to increase passenger transport capacity in Baku in connection with the start of the academic season. As a result, starting tomorrow, the number of buses deployed on routes in the capital will reach a record high of 2,530. According to information provided to “Elchi” by AYNA, […]

With the implementation of the new schedule starting September 15, the travel time in the Khirdalan–Baku direction will be reduced from 45 minutes to 35 minutes. According to the information provided by ADY to “Elchi”, after the restoration of the railway bridge in the Khirdalan–Bilajari section is completed, the travel time in the Khirdalan–Baku direction […]

Oil prices have risen sharply in world markets. “Elchi” reports that the price of November futures for Brent crude oil increased by $2.68 or 2.56% to $107.29 per barrel. The price of October futures for WTI crude oil increased by $2.63 or 2.63% to $102.68. The rise in oil prices is influenced by renewed military […]

The Central Bank of Azerbaijan has announced today’s currency exchange rates. “Elchi”-ın məlumatına görə, on September 14, the US dollar exchange rate remained unchanged at 1.7000 manats, and the Turkish lira was 0.0350 manats. In turn, the euro depreciated to 1.9661 manats, and 100 Russian rubles depreciated to 2.0105 manats.

Mixed dynamics have been observed in the cryptocurrency market over the last 24 hours. “Elchi” reports that, according to the “CoinMarketCap” platform, Bitcoin has increased by 0.40% over the last 24 hours, rising to 77,509.25 US dollars. Ethereum fell by 0.51% to 2,507.04 dollars, BNB decreased by 0.78% to 721.82 dollars, Zcash dropped by 2.48% […]

Customers restructuring their daily loan debt in Non-Bank Credit Organizations (NBCOs) will not be required to pay additional fees. “Elchi” reports that this was stated by Khayyam Ismayilov, Director of the Department for Supervision of Non-Bank Credit Organizations at the Central Bank of Azerbaijan (CBA). According to him, the new approach regarding daily loans is […]

Customers restructuring their daily loan debt in non-bank credit organizations (NBCOs) will not be required to pay additional fees. “Elchi” reports that this was stated by Khayyam Ismayilov, Director of the Non-Bank Credit Organization Supervision Department at the Central Bank of Azerbaijan (CBA). According to him, the new approach regarding daily loans is being implemented […]