ECONOMY

NEWS

Bitcoin price approaches $73,000

ECONOMY
Growth has been recorded in the cryptocurrency market over the last 24 hours, with the total market capitalization increasing by 0.9% to reach $2.46 trillion. “Elchi” reports that the price of Bitcoin, the market’s leading cryptocurrency, has risen by 0.77% over the last 24 hours to reach $72,800.61. The price of Ethereum has increased by […]
NEWS

The price of Azerbaijani oil exceeded 125 dollars

ECONOMY
Azerbaijani oil of the “Azeri Light” brand has increased in price on the world market. “Elchi” reports that the price of 1 barrel of oil increased by 4.59 US dollars or 3.81%, amounting to 125.03 US dollars. It should be noted that the lowest price for “Azeri Light” oil was recorded on April 21, 2020 […]
NEWS

Gold and silver prices dropped

ECONOMY
Gold and silver prices have dropped on the New York Stock Exchange. elchi reports that the value of gold futures on the COMEX commodity exchange decreased by 0.71% to 4,784 US dollars. Meanwhile, silver futures per ounce on COMEX fell by 0.72% to 75.88 US dollars.
NEWS

Oil prices rose on stock exchanges

ECONOMY
Futures for Brent crude oil on London’s ICE exchange have risen to $96.50. “Elchi” reports that the price of Brent crude oil has increased by 0.61%. The price of WTI crude oil futures has increased by 0.44%, reaching $98.30 per barrel.
NEWS

Asian Development Bank has announced Azerbaijan’s economic growth forecast

ECONOMY
The Asian Development Bank (ADB) has set its economic growth forecast for Azerbaijan at 2% for 2026 and 1.8% for 2027. “Elchi” reports that this was stated in the Bank’s report. It was noted that the slowdown in the growth rate compared to the previous year will occur against the backdrop of declining oil production. […]
NEWS

Railway freight transport increased in March

ECONOMY, NEWS FEED
In March 2026, Azerbaijan Railways (ADY) transported more than 1.6 million tons of cargo, exceeding the figure for the same period last year by 17 percent. This was reported to “Elchi” by Azerbaijan Railways CJSC (ADY). The volume of transit cargo transported last month, exceeding 690 thousand tons, was 21 percent higher compared to March […]
NEWS

“Euronews”: New models of urban development are being discussed on the eve of the World Urban Forum

ECONOMY, NEWS FEED, SOCIETY
Within the framework of the 13th session of the World Urban Forum (WUF13), urban development projects are being used to test new approaches to urban planning. “Elchi” reports that this is stated in a Euronews report dedicated to modern trends in sustainable urban development and post-conflict reconstruction processes. The TV channel notes that government representatives […]
NEWS

Today’s currency exchange rates

ECONOMY
The Central Bank of Azerbaijan has announced today’s currency exchange rates. According to elchi, on April 9, the exchange rate of the US dollar remained unchanged at 1.7000 manats. The euro decreased to 1.9834 manats, while 100 Russian rubles increased to 2.1710 manats, and the Turkish lira rose to 0.0382 manats.