ECONOMY

NEWS

Azerbaijan to explore investment opportunities with Moldova in promising areas

ECONOMY, NEWS FEED
Azerbaijan has discussed with Moldova the exploration of investment opportunities and the development of cooperation in agriculture, energy, ICT, and other promising areas. “Elchi” reports that discussions on this matter took place during a meeting held by First Deputy Minister of Economy Elnur Aliyev with Deputy Prime Minister and Minister of Foreign Affairs of the […]
NEWS

A report on the attack on Nakhchivan airport has been submitted to the International Civil Aviation Organization

ECONOMY
A report has been submitted to the International Civil Aviation Organization regarding the attack on Nakhchivan airport. This was reported to “Elchi” by the Ministry of Digital Development and Transport (MDDT). It was noted that on March 5, attacks by unmanned aerial vehicles were carried out from the territory of the Islamic Republic of Iran […]
NEWS

AYNA: Passenger transportation between Nakhchivan and Iğdır is carried out by special buses, 450 people transported so far

ECONOMY
Passenger transportation between Nakhchivan and Iğdır is carried out by special buses. This was reported to “Elchi” by the Azerbaijan Land Transport Agency (AYNA). As is known, flights at Nakhchivan International Airport have been temporarily suspended. To organize the trips of Azerbaijani citizens from the capital to Nakhchivan and in the opposite direction, flights are […]
NEWS

The price of Azerbaijani oil approaches 88 dollars

ECONOMY
The price of Azerbaijani oil of “Azeri Light” brand has increased in the world market. “Elchi” reports that the price of 1 barrel of oil increased by 5.61 US dollars or 6.82% to 87.90 US dollars. It should be noted that the lowest price of “Azeri Light” oil was recorded on April 21, 2020 (15.81 […]
NEWS

Key Index Indicators of Global Stock Markets

ECONOMY
In American stock markets, the Dow Jones index decreased by 1.61% to 47,954.74 points, the S&P 500 index by 0.56% to 6,830.71 points, and the Nasdaq index by 0.26% to 22,784.99 points. According to “Elchi”, in European stock markets, the FTSE 100 index decreased by 1.45% to 10,413.94 points, Germany’s DAX index by 1.61% to […]
NEWS

Bitcoin’s price drops below $71,000

ECONOMY
In the cryptocurrency market, a decrease in the prices of major assets has been mainly recorded over the last 24 hours. elchi reports, citing “CoinMarketCap”, that Bitcoin’s price has decreased by 2.98% in the last 24 hours and is trading at 70,612 US dollars. The market’s second largest cryptocurrency, Ethereum, has fallen by 2.92% to […]
NEWS

Today’s currency exchange rates

ECONOMY
The Central Bank of Azerbaijan has announced today’s currency exchange rates. “Elchi” reports that on March 6, the exchange rate of the US dollar remained unchanged at 1.7000 manats, and the Turkish lira was 0.0386 manats. In turn, Russia’s 100 rubles depreciated to 2.1629 manats, while the Euro appreciated to 1.9741 manats.
NEWS

Oil prices fall in world markets

ECONOMY
During trading on the “ICE London” intercontinental exchange, the value of the May 2026 contract for the export of “Brent” oil decreased by 1.14% to 84.44 US dollars per barrel. According to “Elchi”, on New York’s “NYMEX” commodity exchange, the price of 1 barrel of “WTI” brand oil for export in April 2026 also decreased […]
NEWS

Natural Gas Price Falls on New York Exchange

ECONOMY
The price of natural gas futures quotations on New York’s “NYMEX” commodity exchange has decreased. “Elchi” reports that the price of natural gas futures for delivery in April 2026 decreased by 0.73% to 2.974 US dollars per 1 million BTU (British thermal unit).
NEWS

ADY reveals number of stone-throwing incidents against passenger trains

ECONOMY, INCIDENT
In the last 10 days, stones have been thrown 5 times at moving passenger trains of “Azerbaijan Railways” CJSC (ADY). This was reported by “Elchi”, citing “Azerbaijan Railways”. “As a result, cracks and damages occurred on the windows and body of the trains,” the statement notes. The aforementioned incidents are being investigated for appropriate legal […]