ECONOMY

The price of one troy ounce of gold on the New York COMEX commodity exchange decreased by 0.43% to 4520.4 US dollars. elchi reports, citing exchange data, that the price of one ounce of silver on COMEX also decreased by 0.52% to 67.35 dollars.

Oil continues to rise in the world market “APA-Economics” reports that the price of November futures for Brent crude oil increased by $0.48 or 0.50%, reaching $96 per barrel. The price of October futures for WTI crude oil rose by $0.73 or 0.80%, reaching $92.03. In total, Brent has risen by approximately 7.1% this week, […]

The Canadian Prime Minister’s policy of Carney will have negative consequences for the country’s economy. “Elchi” reports that US President Donald Trump wrote about this on “Truth Social”. “For Canadian politicians like Prime Minister Carney, portraying President Donald Trump as an ‘enemy’ is very profitable until the Canadian economy collapses. Later, this will have bad […]

The first export contract between Armenia and Azerbaijan has already taken place. “Elchi” reports that Armenian Prime Minister Nikol Pashinyan announced this information. He noted that the companies themselves will officially disclose the details of the contract.

It has been determined that changes in the prices of imported food products in Azerbaijan precede food inflation in the domestic market by approximately 2 months. “Elchi” reports that this result is reflected in the research paper titled “Construction and Forecasting of the Imported Food Price Index in Azerbaijan,” prepared by Central Bank of Azerbaijan […]

The next delivery from Azerbaijan to Armenia has been carried out. “Elchi” reports that 17 tank wagons containing 989 tons of diesel fuel were sent from Bilajari station in the direction of Boyuk Kasik. It should be noted that so far, more than 55,000 tons of grain, nearly 9,000 tons of fertilizer, 1,414 tons of […]

The price of Azerbaijani oil in the world market has approached $102. elchi reports that the price of a barrel of “Azeri Light” Azerbaijani oil has increased by 4.35 US dollars, or 4.46%, rising to 101.96 US dollars. Previously, Azerbaijani oil was traded at 97.61 US dollars. It should be noted that in Azerbaijan’s 2026 […]

The Central Bank of Azerbaijan has announced today’s currency exchange rates. “Elchi”-ın məlumatına görə, on September 2, the US dollar exchange rate remained unchanged at 1.7000 manats, and the Turkish lira exchange rate remained unchanged at 0.0352 manats. In turn, 100 Russian rubles decreased to 1.9506 manats, while the euro increased to 1.9712 manats.

Starting from September 4, a new bus station service will be organized in Kurdamir and Imishli districts by “Azerbaijan Ground Services” LLC. “Elchi” reports with reference to the Baku International Bus Terminal Complex that the goal is to ensure regular and lawful activities in the field of passenger transportation from these districts to the capital […]