ECONOMY

The Central Bank of Azerbaijan has announced today’s currency exchange rates. “Elchi”-ın reports that on August 7, the exchange rate of the US dollar remained unchanged at 1.7000 manats. In turn, the Turkish lira depreciated to 0.0356 manats, the Russian 100 rubles to 2.0816 manats, and the euro to 1.9591 manats. Currency Code Rate 1 […]

In 2025, the total volume of Azerbaijani corporate bonds decreased by $290.2 million compared to the beginning of the year, falling from $1,683.8 million to $1,393.6 million. elchi reports that this is stated in the Chamber of Accounts’ report on the results of the audit of the formation and use of the State Oil Fund’s […]

In January–July of this year, 11 billion 474.1 million manats in tax revenue were collected for the state budget through the State Tax Service. “Elchi” reports, citing the State Tax Service, that this figure is 848.1 million manats higher than the forecast. Compared to the corresponding period of 2025, tax revenues have increased by 913.3 […]

The next shipment from Russia to Armenia via transit through Azerbaijan has been carried out. elchi reports that 14 wagons, weighing 979 tons, were dispatched today from Bilajari station towards Boyuk Kasik. It should be noted that so far, more than 36 thousand tons of grain, nearly 9 thousand tons of fertilizer, 1136 tons of […]

Azerbaijan Railways CJSC (ADY) is extending the ticket sales period for the Baku–Tbilisi–Baku international route to further increase passenger satisfaction, meet high demand more efficiently, and expand opportunities for advance trip planning. According to information provided to elchi by ADY, under the newly implemented mechanism, the sales period is being extended in stages rather than […]

During the trading operations held on the ICE London Intercontinental Exchange, the value of the October 2026 contract for the export of “Brent” oil decreased by 0.33% to 79.19 US dollars per barrel. According to elchi, the price of 1 barrel of “WTI” brand oil for export in September 2026 on the New York “NYMEX” […]

The Central Bank of Azerbaijan has announced today’s currency exchange rates. According to elchi, on August 6, the exchange rate of the US dollar remained unchanged at 1.7000 manats, while the Turkish lira stood at 0.0357 manats. In turn, 100 Russian rubles depreciated to 2.1023 manats, and the euro appreciated to 1.9633 manats.   Currency […]

“The Baku Metro is facing rapid development plans in the coming period.” “Elchi” reports that this was stated by Bakhtiyar Mammadov, head of the press service of “Baku Metro” CJSC. According to him, measures have been initiated in various directions at the Baku Metro in connection with the construction of ten new stations: “These ten […]

The importance of the new projects for the Baku Metro lies in the fact that it will be possible to transport more passengers, ensure safer movement, and operate more efficiently. “Elchi” reports that this was stated by Bakhtiyar Mammadov, head of the press service of “Baku Metro” CJSC. He noted that the functional importance of […]

14 wagons of wheat will be sent from Russia to Armenia in transit through Azerbaijan. “Elchi” reports that the wagons loaded with wheat will be dispatched from Bilajari station tomorrow.