ECONOMY

NEWS

Monetary base in Azerbaijan increased by more than 7%

ECONOMY
As of January 01, 2026, the monetary base in Azerbaijan amounted to 22 billion 470.2 million manats. Elchi.az reports this with reference to the Central Bank of Azerbaijan. According to the information, the monetary base increased by 1.5% or 341.8 million manats in the last month. In annual comparison, the monetary base increased by 7.4% […]
NEWS

Central Bank’s foreign exchange reserves announced

ECONOMY
As of January 1, 2026, the foreign exchange reserves of the Central Bank of Azerbaijan (CBA) amounted to 11 billion 514.9 million US dollars. Elchi.az reports with reference to the CBA that this indicator is 0.71% or 81.1 million US dollars more than the previous month. It should be noted that the CBA’s foreign exchange […]
NEWS

Bu günün valyuta məzənnələri

ECONOMY
Azərbaycan Mərkəzi Bankı bu günün valyuta məzənnələrini açıqlayıb. Elchi.az-ın məlumatına görə, yanvarın 7-də ABŞ dollarının məzənnəsi dəyişməyərək 1,7000 manat, Türkiyə lirəsi 0,0395 manat təşkil edib. Avro 1,9875 manata kimi ucuzlaşıb, Rusiyanın 100 rublu isə 2,0920 manata kimi bahalaşıb. 1 ABŞ dolları USD 1,7 1 Avro EUR 1,9875 1 Avstraliya dolları AUD 1,1491 1 Belarus rublu […]
NEWS

Trump announces he will continue to fight to lower oil prices

ECONOMY
US President Donald Trump has announced his intention to further reduce oil prices. Elchi.az reports that Trump said this during his speech to the Republican faction in the US Congress House of Representatives. “I will meet with oil companies. You know what we’re talking about. We need to produce more oil, which will allow us […]
NEWS

Number of domains given to government agencies announced

ECONOMY
Last year, 65 new domains and 285 new subdomains were given to government agencies in Azerbaijan. Elchi.az reports this with reference to the Special Communication and Information Security State Service (XRİTDX). Last year, this indicator was 64 new domains and 367 subdomains, respectively. In December, 37 new subdomains were given to government agencies for use.
NEWS

850 Cyberattacks on Government Agencies in Azerbaijan Last Year

ECONOMY
850 cyberattack indicators (IOC) were identified on government agencies in Azerbaijan last year. Elchi.az reports this with reference to the Special Communication and Information Security State Service (XRİTDX). 372 cyber threats were identified and blocked based on internal investigation, and 478 were identified based on investigation of incidents received from government agencies. In December, 99 […]
NEWS

Baku Port Achieves Record Performance in Cargo Transshipment

ECONOMY
ADY’s Baku International Sea Port, part of AZCON Holding companies, transshipped over 100,000 TEU containers last year, marking a record performance in the port’s history. According to the information provided to Elchi.az from ADY, in 2025, when the port was integrated into ADY, a nearly 40 percent increase was recorded in the corresponding indicator compared […]
NEWS

Azerbaijan ranks among the world’s TOP 5 countries for internet services

ECONOMY
Azerbaijan has been highly evaluated in the World Bank’s Business Ready (B-READY) 2025 report for the utilities sector, particularly for internet services. Elchi.az reports that Azerbaijan ranks 5th among 101 countries in terms of operational efficiency of internet services in the report (5th place with 31.05 points). At the same time, the country is among […]
NEWS

Azerbaijan to Increase Allocations to International Financial Institutions by 17%

ECONOMY
Azerbaijan’s expenses related to participation in international and regional financial institutions will increase in 2026. Elchi.az reports this with reference to the Ministry of Finance. According to the information, expenses for participation in the share capital of financial and credit organizations and membership fees to international and regional organizations are projected at 38 million manats […]