ECONOMY

The decline in major digital assets continues in the cryptocurrency market. Elchi.az reports that Bitcoin, the market leader, has fallen by 1.01% in the last 24 hours, reaching $67,006. Ethereum also decreased by 0.55% to $1,965. The price of XRP settled at $1.37, decreasing by 0.74% in the daily indicator. Solana fell by 2.37% in […]

Azərbaycan Mərkəzi Bankı bu günün valyuta məzənnələrini açıqlayıb. Elchi.az-ın məlumatına görə, fevralın 12-də ABŞ dollarının məzənnəsi dəyişməyərək 1,7000 manat, Türkiyə lirəsi 0,0390 manat təşkil edib. Avro 2,0165 manatadək, Rusiyanın 100 rublu isə 2,1985 manata kimi ucuzlaşıb. 1 ABŞ dolları USD 1,7 1 Avro EUR 2,0165 1 Avstraliya dolları AUD 1,2096 1 Belarus rublu BYN 0,5977 […]

The Information Security and Cybersecurity Strategy has been adopted in Azerbaijan, and all our work is being implemented in accordance with this strategy. Elchi.az reports that this was said by the Minister of Digital Development and Transport Rashad Nabiyev during the meeting dedicated to the unified action plan “Azerbaijan’s new digital architecture” chaired by President […]

“Today, we do not have financial mechanisms to finance startups.” Elchi.az reports that this was stated by the Minister of Digital Development and Transport Rashad Nabiyev during a meeting dedicated to the unified action plan “New Digital Architecture of Azerbaijan” chaired by President Ilham Aliyev. “This includes venture capital, crowdfunding, and so on. There is […]

The “Online Azerbaijan” project has been successfully completed. Elchi.az reports that these words were said by the Minister of Digital Development and Transport Rashad Nabiyev at a meeting dedicated to the unified action plan “Azerbaijan’s new digital architecture”. “When the project started, the average internet speed in the country was about 12 megabits per second, […]

Rovshan Rustamov, Chairman of Azerbaijan Railways CJSC (ADY), which is one of the AZCON Holding companies, visited the Turkmenbashi International Sea Port as part of his visit to Turkmenistan. According to the information provided to Elchi.az from ADY, the director of the port, Parahat Cumayev, gave the ADY delegation extensive information about the existing infrastructure, […]

During 2025, 17 billion 677.8 million cigarettes and cigars, and 1926.6 tons of tobacco were produced in Azerbaijan. Elchi.az reports with reference to the State Statistics Committee that cigarette and cigar production increased by 16.4% annually, while tobacco production decreased by 2.2 times. It should be noted that as of January 1, 2026, the stock […]

In January of this year, consumers in Azerbaijan spent 303 million manats on motor gasoline and diesel fuel alone in the retail trade network. This was reported by Elchi.az with reference to the State Statistics Committee. According to the information, the indicator recorded during the reporting period exceeded the indicator of the corresponding period of […]

In January 2026, the country produced 9 billion 78.7 million manats worth of gross domestic product, or 1.7 percent more than in January of the previous year. Elchi.az reports this with reference to the State Statistics Committee. According to the information, the added value in the oil and gas sector of the economy increased by […]

Additional train services have been scheduled on the Baku-Agstafa-Baku route on February 14 and 15 in order to meet the increasing passenger demand, CJSC “Azerbaijan Railways” (ADY) reported. Elchi.az reports with reference to ADY. “You can purchase tickets for these routes with a 10 percent discount at railway ticket offices, on the official website of […]