ECONOMY

The upper limit of the insurance payment amount is being determined. elchi reports that this is reflected in the proposed amendment to the Law “On compulsory insurance against loss of professional working capacity as a result of occupational accidents and occupational diseases,” which was discussed at today’s meeting of the Labor and Social Policy Committee […]

A new study has revealed that sitting for more than 30 minutes at a time during the day increases the risk of death from cancer. Experts state that even light activities, such as a short walk in the office or household chores, can reduce this risk. elchi reports that researchers from the University of Glasgow […]

“AzerGold” CJSC has started selling 999.9 fineness silver bullion produced from local raw materials for the first time, with the aim of meeting the demand for silver bullion in the country through local products and expanding investment opportunities. According to the information provided by “AzerGold” to elchi, the rapid development of green energy technologies in […]

The value of futures for one troy ounce (31.1 grams) of gold in commodity markets has increased. elchi reports, citing stock exchange data, that the value of August 2026 futures for one troy ounce of gold on the New York COMEX commodity exchange increased by 1.56% to 4,190.1 US dollars.   The price of September […]

The Central Bank of Azerbaijan has announced today’s currency exchange rates. elchi-ın məlumatına görə, on July 3, the US dollar exchange rate remained unchanged at 1.7000 manats. The Turkish lira depreciated to 0.0363 manats, while, in turn, 100 Russian rubles appreciated to 2.1915 manats, and the euro rose to 1.9459 manats.

A bilateral protocol has been signed between Azerbaijan and the Dominican Republic. According to the information provided to elchi by the Ministry of Economy, the document was signed within the framework of Azerbaijan’s accession process to the World Trade Organization. It should be noted that within the framework of Azerbaijan’s accession process to the World […]

Today, an event was held at the Sangachal Terminal to mark the 20th anniversary of the Baku-Tbilisi-Ceyhan (BTC) oil export pipeline and the transfer of the operatorship of the BTC and the unified operatorship of the BTC and South Caucasus Pipeline (SCP) systems to SOCAR. According to information provided to elchi by SOCAR, bp’s regional […]

The value of futures for one troy ounce (31.1 grams) of gold in commodity markets has decreased. “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 0.2% to 4,074.2 US dollars. Meanwhile, the price of July 2026 silver futures […]