ECONOMY

The price of one troy ounce of gold on the New York COMEX commodity exchange increased by 0.1% to 4,101 US dollars. “Elchi” reports, citing exchange data, that the price of one ounce of silver on COMEX decreased by 1.24% to 57.37 dollars.

The Central Bank of Azerbaijan has announced today’s currency exchange rates. According to “Elchi”, on July 30, the US dollar exchange rate remained unchanged at 1.7000 manats, and the Turkish lira stood at 0.0359 manats. In turn, 100 Russian rubles decreased to 2.1306 manats. The euro increased to 1.9466 manats. Code Rate USD 1.7 EUR […]

During trading operations on the “ICE London” intercontinental exchange, the value of the September 2026 contract for the export of “Brent” oil decreased by 1.1% to $89.74 per barrel. According to elchi, the price of 1 barrel of “WTI” brand oil for export in August 2026 on the New York “NYMEX” commodity exchange also decreased […]

“Requirements for the dimensions of protection zones of gas supply facilities and the conduct of economic activities in those areas” have been approved. “Elchi” reports that Prime Minister Ali Asadov has signed a decree in this regard. According to the decision, the State Oil Company has been instructed to submit information on the current status […]

In the first 6 months of this year, the non-oil sector exports (excluding non-monetary gold) of “SOCAR Polymer” LLC have decreased compared to the same period last year. “Elchi” reports, citing the July issue of the “Export Review” by the Center for Analysis of Economic Reforms and Communication, that “SOCAR Polymer” LLC exported products worth […]

In January–June 2026, the Space Agency of the Republic of Azerbaijan (“Azercosmos”) provided telecommunications services worth 13.1 million US dollars to nearly 90 companies from 33 countries around the world. elchi reports that this was stated in the July issue of the “Export Review” by the Center for Analysis of Economic Reforms and Communication. Export […]

In January-June 2026 (excluding non-monetary gold), Russia was the top destination for Azerbaijan’s non-oil sector exports. elchi reports that this was stated in the July issue of the “Export Review” by the Center for Analysis of Economic Reforms and Communication. Non-oil sector goods worth 596.1 million US dollars were exported to the neighboring country. During […]

In January-June 2026, Azerbaijan’s non-oil sector exports (excluding non-monetary gold) increased by 16.9% compared to the corresponding period of 2025, amounting to 1.9 billion US dollars. “Elchi” reports that this is stated in the July issue of the “Export Review” by the Center for Analysis of Economic Reforms and Communication. In June of the current […]

Azerbaijani oil of the “Azeri Light” (CIF) brand has decreased in price on world markets. elchi reports that the price of 1 barrel of Azerbaijani oil has decreased by 4.36 dollars or 4.56%, amounting to 91.22 US dollars. It should be noted that the previous price of Azerbaijani oil was 95.58 US dollars. Let us […]

The Central Bank of Azerbaijan has announced today’s currency exchange rates. According to elchi, the exchange rate of the US dollar remained unchanged at 1.7000 manats on July 28, and the Turkish lira stood at 0.0359 manats. In turn, Russia’s 100 rubles depreciated to 2.1668 manats. The euro appreciated to 1.9383 manats. Code Rate USD […]