ECONOMY

NEWS

Additional train trips scheduled for the Baku-Aghstafa-Baku route – SCHEDULE

— ECONOMY
“Azerbaijan Railways” CJSC (ADY) has scheduled additional train trips on the Baku-Aghstafa-Baku route for April 25 and 26 to meet passenger demand. This was reported by elchi, citing “Azerbaijan Railways”. “You can purchase tickets for these trips with a 10 percent discount at railway ticket offices, on the official ADY website, or via the ‘ADY […]
NEWS

Today’s currency exchange rates

— ECONOMY
The Central Bank of Azerbaijan has announced today’s currency exchange rates. “Elchi”-according to the information, on April 21, the US dollar exchange rate remained unchanged at 1.7000 manats, and the Turkish lira was 0.0379 manats. The Euro rose to 2.0018 manats, and 100 Russian rubles rose to 2.2680 manats. Currency Code Rate 1 US Dollar […]
NEWS

Oil prices are falling in global markets

— ECONOMY
During the trading operations on the “ICE London” Intercontinental Exchange, the value of the June 2026 contract for the export of “Brent” oil decreased by 0.67% to 94.84 US dollars per barrel. According to elchi, the price of 1 barrel of “WTI” oil for export in June 2026 on the New York “NYMEX” commodity exchange […]
NEWS

The decline in gold and silver prices continues in commodity markets

— ECONOMY
The value of futures for one troy ounce (31.1 grams) of gold has decreased in commodity markets. 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 0.37% to 4,811.16 US dollars. The price of May 2026 silver futures per […]
NEWS

Elchin Amirbayov gives an interview to “Euro” magazine

— ECONOMY, HEADLINE, NEWS FEED
Since 2015, when the Joint Declaration on Strategic Partnership between Azerbaijan and the Czech Republic was signed, bilateral relations have been developing successfully. “Elchi” reports that this was stated by Elchin Amirbayov, the Representative of the President of Azerbaijan for Special Assignments, in an interview with “Euro” (Financial Times) magazine during his business trip to […]
NEWS

New lease agreements signed for lands in liberated territories

— ECONOMY
Lease agreements have been signed with residents of Zabukh village in Lachin district, Hasanriz village in Aghdara district, and Girmizi Bazar settlement in Khojavand district for the use of land for agricultural purposes. This was reported to elchi by the Ministry of Agriculture. According to the information, 8 cooperatives were formed by 62 people in […]
NEWS

Some limestone and sand-gravel deposits have been transferred to the use of “AzerGold”

— ECONOMY
In order to increase efficiency in the field of exploitation of non-metallic mineral deposits and to meet market demand, the “Garadagh I and II” limestone deposits located in the Garadagh district of Baku, the “Guzdak muldasi” limestone deposits located in the territories of the Garadagh district of Baku and the Absheron district, the “Katexchay I […]
NEWS

Azerbaijan’s trade turnover with China has increased by more than 7%

— ECONOMY
In the first quarter of this year, trade operations worth 1 billion 103 million 631 thousand US dollars were carried out between Azerbaijan and China. This was reported to “Elchi” by the State Customs Committee (SCC). According to the information, this is 7.3% more compared to the same period last year. During the period, trade […]
NEWS

Iraq to increase daily oil exports via Ceyhan to 500,000 barrels

— ECONOMY
Iraq will soon increase the volume of oil transported from Kirkuk to the port of Ceyhan to 500,000 barrels per day. elchi reports that the Iraqi Ministry of Oil has released information regarding this matter. In mid-March, Iraq increased the daily transport volume along the Kirkuk-Ceyhan route to 250,000 barrels. On April 6, the country […]