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 9, while the Turkish lira stood at 0.0351 manats. In turn, 100 Russian rubles rose to 1.9766 manats, and the euro increased to 1.9776 manats. Currency Code […]

Today, temporary restrictions on electricity supply will occur in these areas of Yasamal, Mingachevir, and Yevlakh districts due to maintenance work. According to the information provided to “Elchi” by “Azerishig”, maintenance work will be carried out on September 9 at the Transformer Station in Yasamal district, and on some overhead power transmission lines in Mingachevir […]

In January-August 2026, Azerbaijan’s non-oil sector exports exceeded 2.8 billion US dollars. “Elchi” reports that this was stated by the Center for Analysis of Economic Reforms and Communication. According to the information, in January-August, exports in the non-oil sector (excluding non-monetary gold) increased by 17.6% compared to the same period last year, amounting to 2.81 […]

“While flood events in the country were previously observed approximately 10-20 times a year, this figure has increased by about 10-15 times in recent years.” “Elchi” reports that Khayyam Mammadov, First Deputy Chairman of the State Water Resources Agency of Azerbaijan, stated this during a panel discussion on “Benefits and Challenges of Integrating Artificial Intelligence […]

Currently, 151 climate stations provide data for the preparation of weather forecasts. elchi reports that Deputy Minister of Agriculture Ilhama Gadimova stated this during a panel discussion on “Benefits and Challenges of Integrating Artificial Intelligence into Multi-Hazard Early Warning Systems” held within the framework of “Baku Climate Action Week 2026” (BCAW 2026). She stated that […]

The Central Bank of Azerbaijan has announced today’s currency exchange rates. “Elchi”-ın məlumatına görə, on September 8, the exchange rate of the US dollar remained unchanged at 1.7000 manats, and the Turkish lira stood at 0.0351 manats. In turn, 100 Russian rubles depreciated to 1.9710 manats, while the euro appreciated to 1.9763 manats.

The price of Azerbaijani oil on the world market has exceeded 107 dollars. “Elchi” reports that the price of a barrel of “Azeri Light” brand Azerbaijani oil has increased by 3.11 US dollars or 2.98%, rising to 107.31 US dollars. Previously, Azerbaijani oil was traded at 104.20 US dollars. It should be noted that in […]