ECONOMY

NEWS

Bitcoin price drops below $78,000

— ECONOMY
A decline has been observed in major assets in the cryptocurrency market over the last 24 hours. elchi reports that, according to the CoinMarketCap platform, Bitcoin has decreased by 2.63% over the last 24 hours, falling to 77,621.18 US dollars. Ethereum fell by 1.94% to 2,438.97 dollars, and BNB dropped by 2.70% to 690.04 dollars. […]
NEWS

The price of Azerbaijani oil has exceeded 92 dollars

— ECONOMY
The price of Azerbaijani oil in the world market has again exceeded 92 dollars. “Elchi” reports that the price of a barrel of “Azeri Light” Azerbaijani oil has increased by 0.80 USD or 0.87%, rising to 92.31 USD. Previously, Azerbaijani oil was traded at 91.51 USD. It should be noted that in Azerbaijan’s 2026 state […]
NEWS

Today’s currency exchange rates

— 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 on August 28, at 1.7000 manats. In turn, the Turkish lira decreased to 0.0352 manats, 100 Russian rubles to 1.9710 manats, and the euro to 1.9797 manats.
NEWS

Oil price has dropped below 88 dollars

— ECONOMY
Oil continues to decline in world markets. elchi reports that the price of October futures for Brent crude oil decreased by 0.36 dollars or 0.41% to 87.48 US dollars. US WTI crude oil futures for October fell by 0.37 dollars or 0.45% to 81.86 dollars. It should be noted that the decline in oil prices […]
NEWS

Key index indicators of global stock markets

— ECONOMY
In the last 24 hours, a decline has been observed in US stock markets, while major indices in European and Asian markets have increased. elchi reports that in the US, the Dow Jones index fell by 113.52 points or 0.21% to 53,463.88 points, the S&P 500 declined by 1.58 points or 0.02% to 7,675.70 points, […]
NEWS

The route of bus number 53 has been changed

— ECONOMY
Due to the restrictions applied to vehicle traffic on Javidan Ibrahimli Street in Badamdar settlement, the regular operation of bus route number 53 could not be ensured, and its movement scheme has been temporarily changed. elchi reports that currently, the starting point of bus route number 53 is the “20th Area” residential complex, and the […]
NEWS

Traffic will be temporarily restricted in these areas of Baku

— ECONOMY
In order to assess the technical condition of bridges and overpasses, instrumental examinations will be carried out on engineering structures in some areas of Baku. This was reported to “Elchi” by the State Agency of Azerbaijan Automobile Roads (AAYDA). It was stated that traffic will not be restricted during the examination of the “Karl Marx” […]
NEWS

The volume of cashless payments in Azerbaijan increased by 11% last month

— ECONOMY
During July of this year, the volume of domestic cashless payments made via cards amounted to 9 billion 712 million manats. elchi reports this citing the Central Bank of Azerbaijan, noting that this is an 11% increase compared to the same month last year. Of the cashless payments made last month, 8 billion 455 million […]