ECONOMY

NEWS

The price of Azerbaijani oil approaches 111 dollars

— ECONOMY
The price of “Azeri Light” (CIF) brand Azerbaijani oil has increased again in world markets. elchi reports that the price of 1 barrel of Azerbaijani oil has increased by 0.38 US dollars, or 0.34%, reaching 110.89 US dollars. It should be noted that the previous price of Azerbaijani oil was 110.51 US dollars. Recall that […]
NEWS

Today’s currency exchange rates

— ECONOMY
The Central Bank of Azerbaijan has announced today’s currency exchange rates. “Elchi”-ın information, on April 22, the exchange rate of the US dollar remained unchanged at 1.7000 manats. The Euro depreciated to 1.9957 manats, and the Turkish Lira to 0.0378 manats. In turn, 100 Russian rubles appreciated to 2.2716 manats. Currency Code Rate 1 US […]
NEWS

Azerbaijan has sharply increased exports of fats and oils

— ECONOMY, NEWS FEED
In January-March of this year, 6 thousand 880 tons of vegetable and animal fats and oils worth 9 million 890 thousand US dollars were exported from Azerbaijan. “Elchi” reports, citing the State Customs Committee, that compared to the same period last year, the value of the exported product increased by 68% and the volume by […]
NEWS

“Fitch Ratings”: Economic growth in Azerbaijan will exceed 2% this year

— ECONOMY
Azerbaijan’s economy will grow by 2.2% in 2026. This is a higher figure compared to the 1.4% growth in 2025. “Elchi” reports that this was stated in the forecast of the “Fitch Ratings” agency. The agency attributes the growth to the stabilization of gas production against the backdrop of declining oil production and states that […]
NEWS

Additional train trips scheduled for the Baku-Aghstafa-Baku route – SCHEDULE

— ECONOMY
“Azerbaijan Railways” CJSC (ADY) has scheduled additional train trips on the Baku-Aghstafa-Baku route for April 25 and 26 to meet passenger demand. This was reported by elchi, citing “Azerbaijan Railways”. “You can purchase tickets for these trips with a 10 percent discount at railway ticket offices, on the official ADY website, or via the ‘ADY […]
NEWS

Today’s currency exchange rates

— ECONOMY
The Central Bank of Azerbaijan has announced today’s currency exchange rates. “Elchi”-according to the information, on April 21, the US dollar exchange rate remained unchanged at 1.7000 manats, and the Turkish lira was 0.0379 manats. The Euro rose to 2.0018 manats, and 100 Russian rubles rose to 2.2680 manats. Currency Code Rate 1 US Dollar […]
NEWS

Oil prices are falling in global markets

— ECONOMY
During the trading operations on the “ICE London” Intercontinental Exchange, the value of the June 2026 contract for the export of “Brent” oil decreased by 0.67% to 94.84 US dollars per barrel. According to elchi, the price of 1 barrel of “WTI” oil for export in June 2026 on the New York “NYMEX” commodity exchange […]
NEWS

The decline in gold and silver prices continues in commodity markets

— ECONOMY
The value of futures for one troy ounce (31.1 grams) of gold has decreased in commodity markets. 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 0.37% to 4,811.16 US dollars. The price of May 2026 silver futures per […]
NEWS

Elchin Amirbayov gives an interview to “Euro” magazine

— ECONOMY, HEADLINE, NEWS FEED
Since 2015, when the Joint Declaration on Strategic Partnership between Azerbaijan and the Czech Republic was signed, bilateral relations have been developing successfully. “Elchi” reports that this was stated by Elchin Amirbayov, the Representative of the President of Azerbaijan for Special Assignments, in an interview with “Euro” (Financial Times) magazine during his business trip to […]