ECONOMY

The average price forecast for Brent oil for the first quarter of 2026 is 58 US dollars. Elchi.az reports that this was stated in the forecast of the largest Dutch financial group “ING Group”. ING believes that oil prices will continue to decline towards the end of 2026. Thus, the oil price for the second […]

ING Group, the largest financial corporation in the Netherlands, forecasts that the average annual inflation in Azerbaijan will be 5.3% in 2026 and 8.9% in 2027. Elchi.az reports this with reference to ING. In the financial institution’s updated January forecast, inflation expectations for 2026 have been reduced by 0.4 percentage points compared to the previous […]

In the American stock markets, the Dow Jones index increased by 0.55% to 49,266.11 points, the S&P 500 index increased by 0.01% to 6,921.46 points, and the Nasdaq index decreased by 0.44% to 23,480.02 points. According to Elchi.az, in the European stock markets, the FTSE 100 index decreased by 0.04% to 10,044.69 points, Germany’s DAX […]

The price of gold futures per troy ounce (31.1 grams) has increased in commodity markets. Elchi.az reports, citing stock exchange data, that the price of February 2026 futures for one troy ounce of gold on the New York COMEX commodity exchange increased by 0.26% to $4,472.26. The price of March 2026 futures for one ounce […]

The Central Bank of Azerbaijan has announced today’s exchange rates. According to Elchi.az, on January 9, the exchange rate of the US dollar remained unchanged at 1.7000 manats. The Turkish lira decreased to 0.0394 manats, the Euro decreased to 1.9811 manats, and the Russian 100 rubles increased to 2.1212 manats. 1 US dollar USD 1,7 […]

The investment competition announced on November 14, 2025, in connection with the sale of state-owned shares of “Zabrat Machine-Building Plant” OJSC, located at N. Zeynalova Street, 196, Zabrat 1 settlement, Sabunchu district, Baku, has been concluded. The State Service for Property Issues told Elchi.az about this. Thus, on December 16 of last year, the proposals […]

The volume of domestic stock exchange turnover of investment companies operating in Azerbaijan for 2025 has been announced. Elchi.az presents the ranking of investment companies by turnover volume, referring to the Baku Stock Exchange: Rank Name Turnover (in manats) Number of transactions 1 “PAŞA Kapital İnvestisiya Şirkəti” QSC 44719984119 8722 2 “ABB İnvest İnvestisiya Şirkəti” […]

Last year, customs authorities in Azerbaijan revealed 97 facts related to the illegal circulation of narcotic drugs, psychotropic substances and their precursors. This was reported to Elchi.az by the State Customs Committee. According to the information, a total of 1 ton 824 kg 453 grams of narcotic drugs, psychotropic substances and their precursors were withdrawn […]