ECONOMY

“AzerGold” CJSC has started selling 999.9 fineness silver bullion produced from local raw materials for the first time, with the aim of meeting the demand for silver bullion in the country through local products and expanding investment opportunities. According to the information provided by “AzerGold” to elchi, the rapid development of green energy technologies in […]

The value of futures for one troy ounce (31.1 grams) of gold in commodity markets has increased. elchi reports, citing stock exchange data, that the value of August 2026 futures for one troy ounce of gold on the New York COMEX commodity exchange increased by 1.56% to 4,190.1 US dollars.   The price of September […]

The Central Bank of Azerbaijan has announced today’s currency exchange rates. elchi-ın məlumatına görə, on July 3, the US dollar exchange rate remained unchanged at 1.7000 manats. The Turkish lira depreciated to 0.0363 manats, while, in turn, 100 Russian rubles appreciated to 2.1915 manats, and the euro rose to 1.9459 manats.

A bilateral protocol has been signed between Azerbaijan and the Dominican Republic. According to the information provided to elchi by the Ministry of Economy, the document was signed within the framework of Azerbaijan’s accession process to the World Trade Organization. It should be noted that within the framework of Azerbaijan’s accession process to the World […]

Today, an event was held at the Sangachal Terminal to mark the 20th anniversary of the Baku-Tbilisi-Ceyhan (BTC) oil export pipeline and the transfer of the operatorship of the BTC and the unified operatorship of the BTC and South Caucasus Pipeline (SCP) systems to SOCAR. According to information provided to elchi by SOCAR, bp’s regional […]

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 0.2% to 4,074.2 US dollars. Meanwhile, the price of July 2026 silver futures […]

The construction of the Asgaran–Khojaly–Khankendi highway, which will ensure that those traveling to the cities of Khankendi, Shusha, and Lachin reach their destinations in a shorter, more comfortable, and safer manner, is successfully continuing. According to the information provided to elchi by the State Agency of Azerbaijan Automobile Roads, the 14.1-kilometer-long Asgaran–Khojaly–Khankendi highway, being built […]

The foreign exchange reserves of the Central Bank of Azerbaijan reached 13 billion 157.6 million dollars as of July 1 of this year. elchi reports this citing the CBA. According to the information, the Central Bank’s foreign exchange reserves have increased by 3.5% in the last month and by 18% in the last year.