ECONOMY

In order to ensure the comfortable and safe movement of citizens, the State Agency of Azerbaijan Automobile Roads (AAYDA) will carry out repair work at 3 locations in the capital over the weekend. Information about this was provided to “Elchi” by AAYDA. According to the information, repair work will be carried out on Samad Vurgun […]

The price of “Azeri Light” (CIF) Azerbaijani oil has decreased in world markets. “Elchi” reports that the price of 1 barrel of Azerbaijani oil decreased by 1.09 USD or 1%, amounting to 112.02 USD. It should be noted that the previous price of Azerbaijani oil was 113.11 USD. Recall that in this year’s state budget […]

By the relevant decision of the Council of the European Union dated April 23, 2026, the sanctions imposed on the “Zaqatala” vessel belonging to the “Azerbaijan Caspian Shipping” CJSC (ASCO), as well as the “Shusha”, “Qarabagh”, “Khankendi”, and “Zangazur” vessels belonging to a joint venture of ASCO and SOCAR, have been lifted. According to the […]

The Central Bank of Azerbaijan has announced today’s currency exchange rates. According to elchi, on April 24, the exchange rate of the US dollar remained unchanged at 1.7000 manats, and the Turkish lira stood at 0.0378 manats. The Euro depreciated to 1.9855 manats, and 100 Russian rubles depreciated to 2.2439 manats.  

Wheat will be sent to Armenia via transit through Azerbaijan. “Elchi” reports that today, 5 wagons of wheat will be dispatched to the Republic of Armenia via transit through the territory of the Republic of Azerbaijan.

During the first quarter of 2026, global financial markets created a challenging environment for many asset classes against the backdrop of rising geopolitical tensions and ongoing uncertainty. “Elchi” reports that this was stated by the State Oil Fund of the Republic of Azerbaijan (SOFAZ). It was noted that the rising geopolitical tension and uncertainty in […]

The movement of trains in the Baku Metro has been fully restored in accordance with the traditional weekday schedule, and the system is operating at full capacity. This was reported to elchi by CJSC “Baku Metropolitan”. It was noted that traffic on all lines is organized stably. Trains are operating on the tightest possible schedule […]

Major indices in global stock markets have moved in different directions over the last 24 hours. “Elchi” reports that growth has been recorded in the main indices of the US stock markets. The Dow Jones index increased by 0.69% to 49,490.03 points, the S&P 500 index rose by 1.05% to 7,137.90 points, and the Nasdaq […]

The price of oil in world markets continues to rise. elchi reports that currently, Brent crude is offered at $103.29, and light crude at $94.49. Also, yesterday the price of 1 barrel of Azeri Light Azerbaijani oil increased by 2.22 US dollars, or 2%, reaching 113.11 US dollars.

The Central Bank of Azerbaijan has announced today’s currency exchange rates. “Elchi”-ın reports that on April 23, the US dollar exchange rate remained unchanged at 1.7000 manats, and the Turkish lira was 0.0378 manats. The Euro depreciated to 1.9890 manats, and 100 Russian rubles depreciated to 2.2640 manats. Currency Code Rate 1 US dollar USD […]