ECONOMY

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 0.79% to 4,715.4 US dollars. The price of May 2026 silver futures per […]

Futures quotes for natural gas on the New York Mercantile Exchange (NYMEX) have fallen. “Elchi” reports that natural gas futures in commodity markets lost 0.11% in value per 1 million BTU (British thermal unit), reaching 2.7191 US dollars. The value of a megawatt-hour of gas on the Netherlands’ “Title Transfer Facility” (TTF) platform increased by […]

According to the Central Bank’s official exchange rate for today, the dollar exchange rate remained unchanged at 1.7000 manats. “Elchi” reports that the value of the lira against the manat remained stable at 3.78 manats per 100 lira. The euro exchange rate fell to 1.9890 manats, and the rate of 100 rubles fell to 2.2640 […]

In the first quarter of this year, 11% of the annual allocated funds, or 386.2 million manats, were utilized for the reconstruction and restoration of Azerbaijan’s liberated territories (Karabakh and East Zangezur economic regions) based on cash order documents submitted by client organizations for relevant projects. “Elchi” reports that the Ministry of Finance has released […]

In January-March of this year, the revenues of the State Social Protection Fund, which is a component of the consolidated budget, amounted to 2 billion 131.8 million manats, and its expenditures amounted to 2 billion 52.9 million manats. elchi reports that this is stated in the Ministry of Finance’s (operational) information on the execution of […]

Passenger congestion has been observed in the Baku Metro since the morning hours. Currently, there is congestion on platforms and in passageways at several metro stations. According to information provided to elchi by “Baku Metropolitan” CJSC, the congestion is due to the 2.5-minute interval between trains and the fact that train operations are organized according […]

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 […]

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 […]

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 […]