Central Bank created interbank organized foreign exchange market in country

For the first time in Azerbaijan, the Central Bank has created an interbank organized foreign exchange market.

Taxation of interests on deposits not to have significant impact on financial markets

Will deposits interests be changed after taxation?

We expect banks to reflect tax expenses in interests of deposits.

Will loan interests be increased?

We expect banks to reflect tax expenses in interests of deposits.

Foreigners made bank card transactions for AZN 2.2 bn

CBA: Situation with COVID-19 makes external environment of inflation very volatile

The Central Bank has issued a statement on some indicators.

CBA: Stabilization of world energy and food prices reduces inflation

Under the conditions of stabilization of world prices for energy and food, starting from the 4th quarter of 2022, inflation in the trading partner countries began to gradually decrease.

CBA: Inflation in Azerbaijan to slow down to 8% this year

The Central Bank of Azerbaijan predicts slowdown in annual inflation to 8% in 2023

Central Bank raised discount rate up to 8.5%

For the first time this year, the Central Bank of Azerbaijan raised the discount rate by 25 basis points to 8.5%.

Central Bank currency rates for 1 February

Azerbaijani manat rate has decreased to the euro, while is stable to the US dollar, to the Turkish lira and to the Russian ruble.