ECONOMY

NEWS

Latest situation on the crypto exchange – capitalization exceeds 3 trillion dollars

— ECONOMY
The total capitalization of the global cryptocurrency market has increased by 2.35% in the last 24 hours, reaching 3.08 trillion dollars. Elchi.az reports this with reference to the “CoinMarketCap” platform. According to the information, the CMC20 index, which reflects the overall dynamics of the market, increased by 2.55% and amounted to 191.32 points. Activity in […]
NEWS

Azerbaijan increases production of adhesives by nearly 28%

— ECONOMY, SOCIETY
In January-November 2025, Azerbaijan produced 155 thousand tons of adhesives. Elchi.az reports with reference to the State Statistics Committee that this is 27.8% more compared to the same period of 2024. As of December 1 of last year, the country had a stock of 10.8 thousand tons of finished products. In 2024, Azerbaijan produced 136.6 […]
NEWS

Traffic infrastructure improved on two streets in Baku

— ECONOMY
Complex measures have been implemented on Suleyman Vazirov Street in the Khatai district of Baku to increase traffic safety and more efficiently organize traffic flow. Elchi.az was informed about this by the Azerbaijan Land Transport Agency (AYNA). According to the information, road signs and marking lines along the street have been reorganized according to normative […]
NEWS

State Enterprise Monitoring Agency established – DECREE

— ECONOMY
The State Enterprise Monitoring Agency under the Ministry of Finance has been established. Elchi.az reports that this is reflected in President Ilham Aliyev’s Decree “On additional measures to improve the activities of the Ministry of Finance of the Republic of Azerbaijan”. According to the Decree, the “Regulations on the State Enterprise Monitoring Agency under the […]
NEWS

Azerbaijan’s gold export revenues approach $300 million this year

— ECONOMY
In January-November 2025, Azerbaijan exported gold worth 297.4 million US dollars. Elchi.az reports that this is stated in the December issue of the “Export Review” published by the Center for Analysis of Economic Reforms and Communication. According to the information, this is 59.4% or 110.8 million US dollars more than the same period last year. […]
NEWS

Oil prices slightly increased in world markets

— ECONOMY
During trading operations on the ICE London Intercontinental Exchange, the February 2026 contract for Brent oil exports increased by 0.05% to $61.52 per barrel. According to Elchi.az, the price of 1 barrel of WTI oil for export in February 2026 on the New York Mercantile Exchange (NYMEX) also increased by 0.09% to $58.13.
NEWS

Today’s exchange rates

— ECONOMY
The Central Bank of Azerbaijan has announced today’s exchange rates. According to Elchi.az, on December 30, the exchange rate of the US dollar remained unchanged at 1.7000 manats, and the Turkish lira was 0.0396 manats. The Euro rose to 1.2022 manats, while 100 Russian rubles fell to 2.1715 manats. 1 US dollar USD 1,7 1 […]
NEWS

EBRD to make first coupon payment on manat bonds

— ECONOMY
On January 5, the National Depository Center (NDC) will make the first coupon payment on floating rate bonds issued by the European Bank for Reconstruction and Development. Elchi.az was informed about this by the NDC. It was noted that the amount of the coupon payment per bond is 1,853.33 AZN. It should be noted that […]
NEWS

Average monthly salary in Baku increased by more than 8%

— ECONOMY
In January-October 2025, the average monthly nominal salary of employees in Baku increased by 8.5 percent compared to the corresponding period of 2024, amounting to 1357.5 manats. This was reported to Elchi.az by the Baku City Statistics Department. It should be reminded that in January-October 2025, the average monthly nominal salary of employees in the […]
NEWS

Expenditures of the Mandatory Health Insurance Fund’s 2026 budget approved at 2.6 billion manats

— ECONOMY
Expenditures of the Mandatory Health Insurance Fund’s 2026 budget have been approved in the amount of 2,621,460,000.00 manats. Elchi.az reports that this is reflected in President Ilham Aliyev’s Decree “On the budget of the Mandatory Health Insurance Fund for 2026”. According to the decree, the sources of financing for these expenses are as follows: – […]