ECONOMY

The next board meeting of the Chamber of Accounts of the Republic of Azerbaijan has been held. elchi reports that this was announced at the meeting held under the chairmanship of Vugar Gulmammadov, Chairman of the Chamber of Accounts. The meeting was also attended by Azer Amiraslanov, Chairman of the Committee on Economic Policy, Industry […]

“Methodology for crypto-assets has been developed in Azerbaijan”. elchi reports that this was stated by Rasim Hammadov, a member of the Azerbaijan Banks Association (ABA), at the “Azerbaijan’s Digital Finance Agenda” event held in Baku. Methodology for crypto-assets has been developed in Azerbaijan According to him, it is not correct to view crypto-assets solely as […]

The Central Bank of Azerbaijan has announced today’s currency exchange rates. “Elchi”-according to the information, on June 29, the US dollar exchange rate remained unchanged at 1.7000 manats, and the Turkish lira was 0.0365 manats. In turn, 100 Russian rubles depreciated to 2.1687 manats, while the euro appreciated to 1.9351 manats.   Currency Code Rate […]

The value of futures for one troy ounce (31.1 grams) of gold has decreased in commodity markets. Citing elchi exchange data, it is reported that the value of August 2026 gold futures per troy ounce on the New York COMEX exchange fell by 0.6% to 4071.9 US dollars. The price of September 2026 silver futures […]

During trading operations on the “ICE London” intercontinental exchange, the value of the August 2026 contract for the export of “Brent” crude oil increased by 0.71% to 72.5 US dollars per barrel. According to elchi, the price of 1 barrel of “WTI” crude oil for export in August 2026 on the New York “NYMEX” commodity […]

Azerbaijan Airlines (AZAL) flights scheduled for June 27, 2026, from Baku to Nakhchivan have been cancelled due to lightning weather conditions observed at Nakhchivan Airport. elchi reports that AZAL has released a statement regarding this matter. It was stated that passengers will be provided with detailed information regarding possible changes, and flights will continue to […]

The price of natural gas futures on the New York Mercantile Exchange (NYMEX) has decreased. elchi reports that the price of natural gas futures for delivery in August 2026 has decreased by 0.49% to 3.28 USD per 1 million BTU (British thermal unit).

In the American stock markets, the Dow Jones index decreased by 0.09% to 51,876.11 points, the S&P 500 index by 0.05% to 7,354.02 points, and the Nasdaq index by 0.24% to 25,297.62 points. According to elchi, in the European stock markets, the FTSE 100 index fell by 0.21% to 10,508.02 points, France’s CAC-40 index by […]

The price of Azerbaijani oil of the “Azeri Light” (CIF) brand has increased in world markets. elchi reports that the price of 1 barrel of Azerbaijani oil has increased by 1.3% or 0.99 USD, reaching 77.37 USD. It should be noted that the previous price of Azerbaijani oil was 76.38 USD. Let us recall that […]