ECONOMY

NEWS

SOFAZ has disclosed the impact of global market tensions on its investment portfolio

ECONOMY
During the first quarter of 2026, global financial markets created a challenging environment for many asset classes against the backdrop of rising geopolitical tensions and ongoing uncertainty. “Elchi” reports that this was stated by the State Oil Fund of the Republic of Azerbaijan (SOFAZ). It was noted that the rising geopolitical tension and uncertainty in […]
NEWS

Train movement in the metro has been fully restored to the traditional schedule

ECONOMY
The movement of trains in the Baku Metro has been fully restored in accordance with the traditional weekday schedule, and the system is operating at full capacity. This was reported to elchi by CJSC “Baku Metropolitan”. It was noted that traffic on all lines is organized stably. Trains are operating on the tightest possible schedule […]
NEWS

Key index indicators of global stock markets

ECONOMY
Major indices in global stock markets have moved in different directions over the last 24 hours. “Elchi” reports that growth has been recorded in the main indices of the US stock markets. The Dow Jones index increased by 0.69% to 49,490.03 points, the S&P 500 index rose by 1.05% to 7,137.90 points, and the Nasdaq […]
NEWS

Baku oil exceeded 113 dollars

ECONOMY
The price of oil in world markets continues to rise. elchi reports that currently, Brent crude is offered at $103.29, and light crude at $94.49. Also, yesterday the price of 1 barrel of Azeri Light Azerbaijani oil increased by 2.22 US dollars, or 2%, reaching 113.11 US dollars.
NEWS

Today’s currency exchange rates

ECONOMY
The Central Bank of Azerbaijan has announced today’s currency exchange rates. “Elchi”-ın reports that on April 23, the US dollar exchange rate remained unchanged at 1.7000 manats, and the Turkish lira was 0.0378 manats. The Euro depreciated to 1.9890 manats, and 100 Russian rubles depreciated to 2.2640 manats. Currency Code Rate 1 US dollar USD […]
NEWS

Gold and silver prices have fallen in commodity markets

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 June 2026 gold futures per troy ounce on the New York COMEX commodity exchange decreased by 0.79% to 4,715.4 US dollars. The price of May 2026 silver futures per […]
NEWS

The value of natural gas decreased

ECONOMY
Futures quotes for natural gas on the New York Mercantile Exchange (NYMEX) have fallen. “Elchi” reports that natural gas futures in commodity markets lost 0.11% in value per 1 million BTU (British thermal unit), reaching 2.7191 US dollars. The value of a megawatt-hour of gas on the Netherlands’ “Title Transfer Facility” (TTF) platform increased by […]
NEWS

Euro and ruble depreciated

ECONOMY
According to the Central Bank’s official exchange rate for today, the dollar exchange rate remained unchanged at 1.7000 manats. “Elchi” reports that the value of the lira against the manat remained stable at 3.78 manats per 100 lira. The euro exchange rate fell to 1.9890 manats, and the rate of 100 rubles fell to 2.2640 […]
NEWS

How much funding has been allocated to Karabakh and East Zangezur this year?

ECONOMY
In the first quarter of this year, 11% of the annual allocated funds, or 386.2 million manats, were utilized for the reconstruction and restoration of Azerbaijan’s liberated territories (Karabakh and East Zangezur economic regions) based on cash order documents submitted by client organizations for relevant projects. “Elchi” reports that the Ministry of Finance has released […]