ECONOMY

NEWS

Today’s exchange rates

ECONOMY
The Central Bank of Azerbaijan has announced today’s exchange rates. According to Elchi.az, on January 5, the exchange rate of the US dollar remained unchanged at 1.7000 manats. The Turkish lira decreased to 0.0395 manats, the Euro to 1.9859 manats, and 100 Russian rubles to 2.1157 manats. 1 ABŞ dolları USD 1,7 1 Avro EUR […]
NEWS

Gold and silver prices rise in commodity markets

ECONOMY
The price of gold futures per troy ounce (31.1 grams) has increased in commodity markets. Elchi.az reports with reference to 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 2.02% to 4,417.05 US dollars. The price of March 2026 […]
NEWS

Oil prices fall on world exchanges

ECONOMY
Oil prices have fallen on world exchanges. Elchi.az reports that the price of Brent crude oil on London’s ICE (“InterContinental Exchange Futures”) exchange fell by 1.32 percent to $60 per barrel for the first time since the US operation in Venezuela – December 19, 2025. The price of West Texas Intermediate (WTI) crude oil fell […]
NEWS

Gold prices fall in world markets

ECONOMY
Gold futures prices are declining in global commodity markets. Elchi.az reports that the price of February futures for one troy ounce of gold on the COMEX exchange decreased by 0.26% to $4,329.6. At the same time, the spot price of gold (XAU/USD) increased by 0.30% to $4,332.29. Silver futures for March on COMEX rose by […]
NEWS

Latest situation on the crypto exchange – capitalization exceeds 3 trillion dollars

ECONOMY
The total capitalization of the global cryptocurrency market has increased by 2.35% in the last 24 hours, reaching 3.08 trillion dollars. Elchi.az reports this with reference to the “CoinMarketCap” platform. According to the information, the CMC20 index, which reflects the overall dynamics of the market, increased by 2.55% and amounted to 191.32 points. Activity in […]
NEWS

Azerbaijan increases production of adhesives by nearly 28%

ECONOMY, SOCIETY
In January-November 2025, Azerbaijan produced 155 thousand tons of adhesives. Elchi.az reports with reference to the State Statistics Committee that this is 27.8% more compared to the same period of 2024. As of December 1 of last year, the country had a stock of 10.8 thousand tons of finished products. In 2024, Azerbaijan produced 136.6 […]
NEWS

Traffic infrastructure improved on two streets in Baku

ECONOMY
Complex measures have been implemented on Suleyman Vazirov Street in the Khatai district of Baku to increase traffic safety and more efficiently organize traffic flow. Elchi.az was informed about this by the Azerbaijan Land Transport Agency (AYNA). According to the information, road signs and marking lines along the street have been reorganized according to normative […]
NEWS

State Enterprise Monitoring Agency established – DECREE

ECONOMY
The State Enterprise Monitoring Agency under the Ministry of Finance has been established. Elchi.az reports that this is reflected in President Ilham Aliyev’s Decree “On additional measures to improve the activities of the Ministry of Finance of the Republic of Azerbaijan”. According to the Decree, the “Regulations on the State Enterprise Monitoring Agency under the […]
NEWS

Azerbaijan’s gold export revenues approach $300 million this year

ECONOMY
In January-November 2025, Azerbaijan exported gold worth 297.4 million US dollars. Elchi.az reports that this is stated in the December issue of the “Export Review” published by the Center for Analysis of Economic Reforms and Communication. According to the information, this is 59.4% or 110.8 million US dollars more than the same period last year. […]
NEWS

Oil prices slightly increased in world markets

ECONOMY
During trading operations on the ICE London Intercontinental Exchange, the February 2026 contract for Brent oil exports increased by 0.05% to $61.52 per barrel. According to Elchi.az, the price of 1 barrel of WTI oil for export in February 2026 on the New York Mercantile Exchange (NYMEX) also increased by 0.09% to $58.13.