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 […]

Starting from this morning, the value of 1 US dollar has exceeded 145,000 tomans and 1 euro has exceeded 171,000 tomans in Tehran’s free market. Elchi.az reports that local sources have released this information. The value of the Azerbaijani manat has also increased, reaching 74,700 tomans for 1 AZN.

The price of gold futures per troy ounce (31.1 grams) has increased in commodity markets. Elchi.az reports with reference to stock exchange data that the price of February 2026 gold futures per troy ounce on the New York COMEX commodity exchange increased by 0.49% to $4,473.1. The price of March 2026 silver futures per ounce […]

Oil prices have risen again in world markets. Elchi.az reports that Brent crude is currently offered at $61.58, while light crude is offered at $58.10.

In the American stock markets, the Dow Jones index increased by 1.23% to 48,977.18 points, the S&P 500 index by 0.64% to 6,902.05 points, and the Nasdaq index by 0.69% to 23,395.82 points. According to Elchi.az, in the European stock markets, the FTSE 100 index increased by 0.54% to 10,004.57 points, Germany’s DAX index by […]

The Central Bank of Azerbaijan has announced today’s exchange rates. According to Elchi.az, on January 6, the US dollar exchange rate remained unchanged at 1.7000 manats, and the Turkish lira was 0.0395 manats. The Euro rose to 1.9947 manats, while 100 Russian rubles fell to 2.0920 manats. 1 US dollar USD 1,7 1 Euro EUR […]

74.9 million manats have been allocated for clearing the liberated territories of Azerbaijan from mines and unexploded ordnance in 2026. Elchi.az reports that ANAMA has signed contracts with 5 companies to carry out the work. These companies are “Safe Point” LLC, “Qaya Safety Solutions”, “Delta Clearing Solutions”, “AlphaDemining”, and “Azerbaijan Demining Company” LLCs. The value […]

This year, 23.6 million manats will be subsidized from the 2026 state budget to “Temiz Shahar” Open Joint-Stock Company for the disposal of solid household waste. Elchi.az reports that measures for cleaning territories, collecting and treating waste water will cost 285.7 million manats. Other services in the field of environmental protection will amount to 71.6 […]

Last month, the most used social network in Azerbaijan was “Facebook”. Elchi.az reports this with reference to “StatCounter”. During this period, Facebook’s share in the social network market of Azerbaijan was 72.8%. This is 4.04 percentage points more than in November of the previous year, and 8.9 percentage points more year-on-year. The social network “X” […]

The average annual export price of 1 barrel of “Azeri Light” (CIF) oil in 2025 has been announced. According to the calculations of Elchi.az, the average price of Azerbaijani oil last year was 71.1 US dollars. It should be noted that the average price of oil decreased by 14% compared to the previous year. Thus, […]