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 […]

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 […]

The Chamber of Accounts has prepared an audit report on analytical activities on the analysis of the draft budget of the Nakhchivan Autonomous Republic for 2026. Elchi.az reports with reference to the Chamber of Accounts. It was noted that the report on Analytical activities “Analysis of the draft budget of the Nakhchivan Autonomous Republic for […]

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 […]

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 […]